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News GE Renewable Energy acquires minority stake in COBOD International

GE Renewable Energy acquires minority stake in COBOD International

Written by Global Cement staff 09 May 2022
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Denmark: GE Renewable Energy has invested in a minority stake in COBOD International. The companies said that the investment will build on their existing relationship since 2019. GE Renewable Energy chose COBOD International as the global market leader in 3D printing technology, which experienced double-digit growth in 2020.

GE Renewable Energy advanced manufacturing technology leader Matteo Bellucci said “This agreement, which will further strengthen our ability to use COBOD’s 3D printing technology and competences in the renewable energy space, is another sign of our commitment to help drive the energy transition by investing in technology that promotes a more sustainable, circular design strategy and helps to create local jobs.” He continued “Since we started cooperating with COBOD, the company has continued to improve their technical competence and innovative solutions, reinforcing the benefits of solidifying the relationship between our companies.”

Last modified on 11 May 2022
Published in Global Cement News
Tagged under
  • GE Renewable Energy
  • Denmark
  • COBOD International
  • Acquisition
  • Stake
  • 3D printing
  • concrete
  • Supplier
  • GCW556
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