ServiceGoirle, NetherlandsFounded 1996· One of 2010 Service companies tracked by AMPulse
Provides technical ceramic manufacturing services using Ceramic Injection Molding (CIM) and additive manufacturing (AM) technologies like DLP for high-precision, wear-resistant components across industrial and luxury goods sectors.
CEO / Founder
Jaco Saurwalt
Team Size
51-200
Stage
Defunct
Total Funding
$12.9M
Latest Round
Acquired
Key Investors
Nano Dimension Ltd.
Technology & Products
Key Products
Ceramic Injection Moulding (CIM) and Additive Manufacturing (AM) of high-quality technical ceramic parts.
Technological Advantage
Proprietary knowledge in ceramic materials and processes, including DLP-based 3D printing developed in collaboration with ECN, enabling high-density, precise parts with excellent surface finish.
Differentiation
Value Proposition
Enables production of complex, high-performance ceramic parts with superior durability (outlasting precious metals), aesthetic finishes, and chemical/thermal resistance, reducing costs through efficient CIM and enabling custom designs via AM.
How They Differentiate
Offers integrated CIM and AM services with focus on both industrial and luxury applications, leveraging long-standing ceramic expertise for material optimization. Re-emerged under new ownership and renewed leadership after bankruptcy.
Revenue grew 15% annually over the past 5 years; 80% of revenue from repeat customers; 300+ active customers across 25 countries
Major Milestones
Founded in 1996; Added ceramic AM services to production offering; Acquired by Nano Dimension (pre-2025); Filed for bankruptcy in April 2025; Revived in June 2025 under new ownership and name (Formatec Advanced Products B.V.)
Formatec Ceramics occupies a niche at the intersection of traditional ceramic injection molding (CIM) and additive manufacturing, offering both processes under one roof. Founded in 1996 in Goirle, Netherlands, the company enables production of complex ceramic parts with durability exceeding precious metals, chemical and thermal resistance, and aesthetic finishes. Its dual-process capability allows customers to move from prototype to large series without switching suppliers.
The company's additive manufacturing offering is built around DLP-based 3D printing, developed in collaboration with the Energy Research Centre of the Netherlands (ECN). This technology produces high-density, precise ceramic parts with excellent surface finish. Formatec also operates binder jetting and vat photopolymerization equipment for ceramics and composites. The combination of CIM for high-volume production and DLP for custom geometries gives engineers flexibility in material selection and part complexity.
Formatec serves high-tech industries including semiconductor, aerospace, medical, industrial tooling, and luxury goods. Named customers include Siemens, Philips, ASML, Swatch Group, and Rolex. The company reports 300-plus active customers across 25 countries, with 80% of revenue from repeat clients and 15% annual revenue growth over five years. Applications range from wear-resistant semiconductor components to custom watch and jewelry parts.
The company filed for bankruptcy in April 2025 but was revived in June 2025 under new ownership as Formatec Advanced Products B.V., with renewed leadership. It was previously acquired by Nano Dimension, which also owns sister company Admatec. The bankruptcy and revival create an open question about continuity of customer relationships and technology access. Formatec's competitive moat rests on decades of ceramic materials expertise and the ability to offer both CIM and AM, but the recent ownership transition introduces execution risk.