Strategic network expansion: Pelagus 3D partners with Immensa to enter new markets

Pelagus 3D, a joint venture between thyssenkrupp Materials Services and Wilhelmsen in the field of additive manufacturing, has signed a Strategic Collaboration Agreement with Immensa, the largest digital manufacturing provider in the Middle East and North Africa (MENA) region. The partnership will develop spare parts for the maritime and energy industries in the Middle East and North Africa to expand its service offering and market presence in the region. With this step, Pelagus 3D is strategically developing its business, which until now has focused primarily on the maritime and offshore industries.

In cooperation with Immensa, Pelagus 3D's platform serves as the main connection between customers, such as vessel managers, and Original Equipment Manufacturers (OEMs) for on-demand spare parts manufacturing. The company uses modern additive manufacturing technology and a global partner network to manufacture and deliver spare parts more efficiently in terms of time and cost. Immensa will act as the exclusive service provider for projects initiated through Pelagus 3D's platform in the region and will distribute Pelagus 3D's products within the maritime and energy sectors. In this way, the two companies will contribute their respective strengths in the field of additive manufacturing and digital inventory solutions.

The aim is to streamline supply chain processes, expand OEM networks and improve service for end customers in the MENA region. The partnership is exclusive to both parties in the designated territories.

The market environment is promising for the partnership: Based on independent sources, both companies assume that the share of the global equipment market of the maritime and energy industry ripe for immediate digitalization and conversion to a digital supply chain is around USD 18 billion. The MENA region alone accounts for more than USD 4 billion of this. Pelagus 3D and Immensa hope that the partnership will open up new, additional sales opportunities for up to 50% of this amount.

An integral part of thyssenkrupp Materials Services' corporate strategy

Pelagus 3D is part of the innovation portfolio of thyssenkrupp Materials Services. As one of the world's leading materials distribution and service providers, thyssenkrupp Materials Services is consistently focusing on new digital business models as part of its "Materials as a Service" strategy in order to grow. In addition to the 50% share in Pelagus 3D, the portfolio includes other corporate ventures such as "pacemaker", an AI-based forecasting solution, and "toii", an IIoT solution for optimizing production processes.