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Robo 3D widens its footprint in Europe with new agreement

The company has established itself in the desktop segment of the 3D printing industry.
Robo 3D widens its footprint in Europe with new agreement
Robo sells online and through retail partners including Amazon and Best Buy

Robo 3D Ltd (ASX:RBO) has executed a distribution agreement with ColorFabb B.V. to expand its sales and distribution into the Netherlands, Belgium, and Luxembourg.

Simultaneously, Robo will also act as a re-seller of ColorFabb’s premium filament products to be introduced into the emerging professional customer segment.

ColorFabb is a developer of high-quality filaments for 3D printing, with an established global distribution footprint in over 60 countries.

The companies are aiming to leverage Robo’s products to ColorFabb’s vast customer base.

Robo has established itself in the desktop segment of the 3D printing industry, gaining significant traction online and through retail partners including Amazon and Best Buy.

The company’s Robo R2 is an easy to use printer launched recently with a robust set of features that will enable professionals, designers, entrepreneurs and educators to bring their ideas to life in 3D.

Robo, by partnering with ColorFabb for their filament, is positioning itself to provide advanced 3D printing solution.

The company is focused on its four strategic objectives - increase presence in the education market, new customer growth, existing customer expansion and product innovation.

Robo’s shares closed 4.7% higher on Monday, at $0.067.





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Robo 3D Ltd Timeline

Newswire
June 13 2017

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