Samuel Acquires All Burloak Shares
By Metal Center News Staff
on Feb 17, 2020
Samuel, Son & Co. Ltd., a leading metals distributor and industrial products manufacturer, has acquired the remaining shares of Burloak Technologies, a leader in the additive manufacturing industry.
Burloak works with innovative companies in the space, including aerospace, automotive and industrial markets, to rapidly transition their most challenging part designs to be additively manufactured at scale, executives claim. Samuel originally acquired a minority stake in Burloak Technologies in 2017.
“Our early belief in the transformative potential of additive manufacturing is paying off,” said Colin Osborne, Samuel’s president and CEO. “The rapid development of this team, its relationships with many of the world’s most innovative companies and the reputation it is developing as AM experts, reinforces the exciting future we see for additive manufacturing over the long term.”