Spanish oil and gas company Repsol has acquired a 17% stake in 3D-printing thermoplastics filaments manufacturer Recreus. The deal is the first time that Repsol, which owns about 10% of Recreus, will have an equity interest in a publicly traded company. Repsol, which made the purchase through its strategic investment fund, is also developing modified polymers as raw materials for various 3D-printing technologies.
Spanish oil and gas company Repsol has acquired a 17% stake in 3D-printing thermoplastics filaments manufacturer Recreus. The company said the collaboration with Spain-based Recreus will boost its research and development, bolster its position in the market and enhance its expansion plans. Repsol, which made the purchase through its strategic investment fund, is also developing modified polymers as raw materials for various 3D-printing technologies.