Dynobend acquired by Nivora

Dynobend BV — a Dutch company (based in Haaksbergen) that provides solutions for precision cold-forming of tube, wire and profiles — has been acquired by the Nivora Group (www.nivora.nl), which has factories in Lochem and Eijsden.

Parent company Nivora Holding BV has shares in innovative industrial companies and sees this acquisition as an important step in leveraging the value of the entire group of companies.

Dennis Scholten, who will remain managing director of Dynobend, says: “Nivora is able to offer us both the knowledge and the financial backing to make a ‘quantum leap’ in the development of our products and solutions. We are proud to be a member of the Nivora Group.”