Who Owns Colibrium Additive (formerly GE Additive)?
Colibrium Additive (formerly GE Additive) is a wholly-owned subsidiary of GE Aerospace, a publicly traded American aerospace and defense company. GE Additive rebranded as Colibrium Additive in April 2024 following the split of General Electric into three independent companies. The company operates within GE Aerospace's Propulsion & Additive Technologies (PAT) division and is headquartered in Cincinnati, Ohio.
Parent Company
General Electric Company
Founded
2016
Status
Publicly Traded
Headquarters
Cincinnati, Ohio, USA
Who Owns Colibrium Additive (formerly GE Additive)?
- Parent Company: General Electric Company
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: NYSE: GE
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Colibrium Additive (formerly GE Additive) | General Electric Company | Wholly owned |
History of Colibrium Additive (formerly GE Additive)
- Founded: 2016
- Founders: General Electric (internal development and acquisitions)
Colibrium Additive traces its origins to General Electric's significant investments in additive manufacturing. In 2016, GE invested approximately .4 billion to acquire majority stakes in two leading European 3D printing companies: Arcam AB (based in Sweden, specializing in electron beam melting) and Concept Laser GmbH (based in Germany, specializing in direct metal laser melting). These acquisitions formed the foundation of the GE Additive business unit.
Under the GE Additive banner, the division spent several years developing and commercializing advanced metal 3D printing technologies, focusing heavily on aerospace, medical, and automotive applications. The unit played a crucial role in manufacturing complex components for GE Aviation's aircraft engines, demonstrating the viability of additive manufacturing for critical end-use parts.
In April 2024, General Electric completed its historic transformation into three independent public companies: GE Aerospace, GE Vernova, and GE HealthCare. As part of this transition, GE Additive was retained by GE Aerospace but rebranded as Colibrium Additive to better reflect its broader industrial customer base outside of the GE ecosystem, while remaining an integral part of GE Aerospace's technology portfolio.
About General Electric Company
What does GE Aerospace make?
GE Aerospace makes commercial and military jet engines, aircraft systems, and related components. Key products include the LEAP engine (for Boeing 737 MAX and Airbus A320neo), GE9X (for Boeing 777X), GEnx (for Boeing 787 and 747-8), and military engines including the F110 (for F-16) and T700 (for military helicopters). The company also provides comprehensive maintenance, repair, and overhaul services.
Is GE Aerospace publicly traded?
Yes, GE Aerospace (legal name: General Electric Company) is listed on NYSE under ticker GE. The company has a broad institutional and retail shareholder base with no single controlling shareholder.
What happened to the original General Electric?
The original General Electric Company split into three independent public companies. GE HealthCare was spun off in January 2023. GE Vernova (energy businesses) was spun off in April 2024. The remaining company, focused on aerospace, retained the General Electric Company legal name and trades as GE Aerospace on NYSE under ticker GE.
Where is GE Aerospace headquartered?
GE Aerospace is headquartered in Cincinnati, Ohio, USA. The company operates manufacturing facilities, service centers, and offices across the United States and internationally.
How many brands does GE Aerospace own?
GE Aerospace operates primarily under the GE master brand with specialized sub-brands including GE Aviation (commercial and military engines), CFM International (joint venture with Safran), GE Additive (3D printing), and GE Digital (aviation software). The company's portfolio spans commercial aviation, military defense, and related technologies.
Who owns GE Aerospace?
GE Aerospace (General Electric Company) is publicly traded on NYSE with a broad institutional and retail shareholder base. No single shareholder holds a controlling stake. Major institutional shareholders include Vanguard Group, BlackRock, and State Street. H. Lawrence Culp Jr. serves as Chairman and CEO.
What is GE Aerospace's revenue?
GE Aerospace reported revenue of approximately $39 billion for full-year 2024, reflecting strong demand for commercial aviation engines and services. The company employs approximately 52,000 people in its focused aerospace operations following the corporate split.
What is GE Aerospace's sustainability commitment?
GE Aerospace is committed to achieving net zero carbon emissions for Scope 1 and 2 by 2030, supporting aviation's net zero by 2050 goal. The company invests $2.7 billion annually in R&D for sustainable aviation technologies, and all its engines can operate on 100% Sustainable Aviation Fuel. GE Aerospace aims to improve fuel efficiency by 20% with next-generation engines.
- Founded: 1892
- Headquarters: Boston, Massachusetts, USA
- Company Type: Publicly Traded
- Stock: NYSE: GE
- Revenue: approximately $38.7 billion (FY2024, GE Aerospace)
- Employees: Approximately 128,000
Where Is Colibrium Additive (formerly GE Additive) Made / Based?
- Headquarters: Cincinnati, Ohio, USA
- Manufacturing / Operations: United States, Sweden, Germany
Colibrium Additive (formerly GE Additive) Sustainability & Ethics
As a company now backed by Francisco Partners (and formerly part of GE Aerospace), Colibrium Additive focuses on the inherent sustainability benefits of additive manufacturing (3D printing).
Key sustainability aspects of their technology include:
- **Material Efficiency:** Additive manufacturing inherently produces less waste than traditional subtractive manufacturing (like CNC machining) by only using the material needed to build the part, layer by layer.
- **Lightweighting:** The technology allows for the creation of complex, organic geometries that are impossible to cast or machine. This is crucial for the aerospace and automotive industries, as lighter parts significantly reduce fuel consumption and lifecycle emissions of the end vehicles.
- **Supply Chain Resilience:** 3D printing enables localized, on-demand manufacturing, which can reduce the carbon footprint associated with global shipping and warehousing of spare parts.
Awards & Recognition
Under its former identity as GE Additive, the company and its acquired legacy brands (Concept Laser and Arcam EBM) were highly recognized in the industrial manufacturing sector:
- **Industry Leadership:** Widely recognized as a pioneer and top-tier provider in metal additive manufacturing, particularly for aerospace, medical, and automotive applications.
- **Formnext Awards:** The company's technologies and its customers have frequently been recognized at Formnext, the leading global exhibition for additive manufacturing.
Colibrium Additive (formerly GE Additive) Recalls & Controversies
Operating in the B2B industrial machinery space, Colibrium Additive does not face typical consumer product recalls:
- **Divestiture Transition:** The primary "disruption" in recent history was the April 2024 rebranding and sale. When GE completed its historic three-way split into GE Aerospace, GE Vernova, and GE HealthCare, it was determined that the additive manufacturing equipment business did not fit the core focus of the new standalone GE Aerospace. The business was consequently sold to private equity firm Francisco Partners and rebranded to Colibrium Additive.
Brands Owned by General Electric Company
- GE Aerospace - Independent publicly traded aerospace company that became GE Aerospace on April ...
Colibrium Additive (formerly GE Additive) Ownership: Pros & Cons
Advantages
- +Focused backing from Francisco Partners, a private equity firm experienced in scaling technology businesses.
- +Retains the deep engineering heritage and patent portfolio developed under GE Aerospace, Concept Laser, and Arcam.
- +Strong position in high-value industries like aerospace and medical implants.
Considerations
- -Transitioning away from the massive corporate umbrella and R&D budget of General Electric.
- -Navigating the highly competitive and rapidly evolving industrial 3D printing market as an independent entity.
Frequently Asked Questions About Colibrium Additive (formerly GE Additive)
Sources & Further Reading
Competitors to Colibrium Additive (formerly GE Additive)
No direct competitors found in the same category. This could be because Colibrium Additive (formerly GE Additive)operates in a unique market segment or we're still building our competitor database.
General Electric Company Stock Information
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