Upon merging with special-purpose acquisition company (SPAC) SMG Technology Acceleration SE, large format 3D printer manufacturer BigRep has successfully listed on the Frankfurt Stock Exchange under the ticker B1GR. The public listing, symbolized by a ceremonial bell ringing on July 31, 2024, was attended by BigRep’s executives, key investors, and media representatives.
The listing is the culmination of a strategic process initiated in early 2024 when BigRep announced its merger with the Luxembourg-based SMG Technology Acceleration SE. Upon merging with SMG, the company has become BigRep SE, valued at approximately €157 million, with Dr. Sven Thate and Dr. Reinhard Festag taking the roles of CEO and CFO, respectively. In his speech at the bell-ringing ceremony, CEO Thate said:
“Going public allows us to think bigger and pursue our buy-and-build strategy. We see great growth and synergy opportunities by expanding inorganically….
