Quickparts Acquires Xcentric Mold & Engineering
Through this acquisition, Xcentric will expand Quickparts’ capabilities and expertise to deliver injection molding, CNC machining and other critical services.
Quickparts, a company that offers on-demand manufacturing services for custom 3D printing and traditional manufacturing capabilities, has announced the strategic growth acquisition of Xcentric Mold & Engineering, an innovator of on-demand digital manufacturing. Terms of the transaction were not disclosed.
Headquartered in Clinton Township, Michigan, and founded in 1996, Xcentric provides a wide breadth of quick-turn digital injection molding and CNC solutions, from rapid prototyping to product creation at scale. With nearly 100 full-time employees and 60,000 square feet of manufacturing space, Xcentric will expand Quickparts’ capabilities and expertise to deliver injection molding, CNC machining and other critical services to thousands of customers across the globe. This acquisition is said to complement Quickparts’ current manufacturing offerings and will support the company’s continued growth and proficiency via improved U.S.-based, in-house and quick-turnaround production for customers.
“We are pleased to welcome the Xcentric team to the Quickparts family,” Ziad Abou, chief executive officer (CEO) of Quickparts, says. “As a combined company, we will offer an in-house, end-to-end solution from first prototype to short-run production. This acquisition is an important step as we continuously strive to advance Quickparts’ capabilities. With Xcentric, we will be able to offer a complete lifecycle solution that will be executed with even greater speed and certainty.”
“We are thrilled to combine Xcentric’s leading digital manufacturing capabilities and injection molding expertise with Quickparts’ offerings to continue to bring speed and scale to the market,” Xcentric CEO Matt McIntosh adds. “Trusted by industry leaders, Xcentric prides itself on a culture of excellence and customer service, and we believe the Quickparts team is the right partner to support the continued growth of Xcentric’s capabilities.”