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 Nivora Group announce a strategic cooperation

30 June 2016

Dynobend B.V. and the Nivora Group announce a strategic cooperation in metal working machinery

Dynobend B.V., a company specialized in providing solutions for precision cold forming of tube, wire and profiles has been acquired by the Nivora Group. Nivora Holding B.V. holds shares in innovative industrial companies and regards this recent acquisition as an important step in leveraging the value of the entire group of companies.

Dennis Scholten, who will remain Managing Director of Dynobend B.V., 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.”

About Dynobend B.V.
Dynobend operates since 1988 on nearly every key market and is specialized in providing solutions for precision cold forming of tube, wire and profiles. Smart software in bending and forming technology as well as its own design and manufacturing of equipment, completes the product range. Ease of operation, maximum freedom and an attractive design are the unique features for the standard machines as well as the turn-key solutions. The disciplines, engineering, mechanics, software and the interaction between human and machine are Dynobend’s strengths. In search of innovative solutions, Dynobend is always expanding the boundaries of technical possibilities and knowledge.

About The Nivora Group
The group consists of four leading Dutch brands of metal working machines with a rich history: Darley (1934) and Safan (1960), manufacturers of innovative machines for sheet metal working under the new brand SafanDarley; Bewo Cutting Systems (1935), manufacturers of industrial sawing machines; and STYLE CNC Machines (1991), manufacturers of unique lathes and milling machines. The Nivora group has factories in Lochem, Eijsden, Waalwijk and Bunschoten and branches in Germany, the UK, the Czech Republic, Taiwan, USA and Sweden. With the acquisition of Dynobend B.V. the group has more than 350 employees in the Netherlands, which together generate a turnover of more than 65 million Euros.

June 28, 2016, Haaksbergen / Lochem, The Netherlands

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