---
title: "Nano Dimension subsidiary Desktop Metal files for bankruptcy"
url: https://www.voxelmatters.com/nano-dimension-subsidiary-desktop-files-files-for-bankruptcy/
date: 2025-07-29
modified: 2025-07-30
lang: en
author: "Davide Sher"
description: "In the latest twist of the ongoing saga of mergers and acquisitions in 3D printing, Desktop Metal, Inc., which has been a subsidiary of Nano Dimension since the merger was completed last..."
categories:
  - "Acquisitions, Mergers & Partnerships"
  - "AM Industry"
  - "Bankruptcies and closures"
tags:
  - "top news"
image: https://www.voxelmatters.com/wp-content/uploads/2021/08/Desktop-Metal-engineer-with-Production-System-780x470-1-640x386.jpg
word_count: 455
---

# Nano Dimension subsidiary Desktop Metal files for bankruptcy

In the latest twist of the ongoing saga of mergers and acquisitions in 3D printing, Desktop Metal, Inc., which has been a subsidiary of [Nano Dimension](https://www.voxelmatters.directory/company/desktop-metal/) since the[ merger was completed last April](https://www.voxelmatters.com/nano-dimension-completes-acquisition-of-desktop-metal/), has filed for bankruptcy protection under Chapter 11 of the Bankruptcy Code.

The decision to file for bankruptcy protection was made by Desktop Metal’s independent Board of Directors, who conducted a process to explore available strategic alternatives and address Desktop Metal’s significant liabilities and liquidity needs stemming from decisions made by its prior management.

[Nano Dimension had sued to try to halt the acquisition](https://www.voxelmatters.com/nano-dimension-ordered-to-complete-desktop-metal-merger/) after reaching an agreement to [purchase the company](https://www.voxelmatters.com/nano-dimension-acquires-desktop-metal-in-all-cash-transaction-of-135m/) last year, but was ordered to complete the merger. Desktop Metal's assets include companies that have contributed to building the foundation of the AM industry, like ExOne and ETEC (EnvisionTEC), as well as profitable assets such as the specialized 3D printing service company Aidro. Still, the company's overall financial position appears to be too difficult to turn around.

Ofir Baharav, Nano Dimension’s CEO said: “We are safeguarding our financial strength and preserving our position as the best capitalized company in our ecosystem. This is what enables the Company to pursue strategic opportunities from a position of maximum strength—and that is exactly what the Company’s shareholders should expect from us.”

![Explore the implications of Desktop Metal bankruptcy and its journey through Chapter 11 amid significant financial challenges.](https://www.voxelmatters.com/wp-content/uploads/2021/09/SSI_Sintered_Specialties_ExOne_160-scaled.jpeg)ExOne's metal and ceramic binder jetting 3D printers.

Reports indicate that Nano Dimension is planning to sell off Desktop Metal assets in Europe to help settle its outstanding debts. The company has reportedly entered into an agreement with an affiliate of Anzu Partners to purchase the ExOne GmbH, EnvisionTEC GmbH, ExOne KK, and AIDRO s.r.l. foreign subsidiaries in a sale, subject to Court approval and customary closing conditions. [Anzu Partners' attempt to acquire voxeljet](https://www.voxelmatters.com/anzu-partners-acquires-voxeljet-for-e1-7-million-liabilities/) (a direct competitor of ExOne in the sand and ceramic binder jetting segment)[ fell through last month](https://www.voxelmatters.com/voxeljet-ag-to-undergo-financial-restructuring-with-starug-procedure/). These subsidiary companies represent valuable assets either because they still conduct profitable businesses (ExOne GmbH, Aidro) or because they hold valuable patents and technologies (ExOne, EnvisionTEC).

Nano Dimension's outstanding debpt includes nearly $30 million owed to the law firm Quinn Emanuel, which successfully litigated the case that led to Desktop Metal’s merger with Nano Dimension. Quinn Emanuel had initially sued Nano Dimension, arguing that it had not received its full $30 million legal fee for prevailing in the complex merger dispute. The firm represented Desktop Metal in a Delaware court case to enforce its $183 million acquisition by the larger company, Nano Dimension. Although the court ordered the deal to go through in March, Quinn Emanuel has yet to be compensated. The firm now claims it is owed a total of $90 million in "treble damages" from Nano Dimension, which it considers responsible as the successor entity.