NPM Portfolio Company Vanderlande acquires Dinamic, a provider of material handling solutions
Vanderlande has announced its acquisition of Dinamic Industrial Business (Dinamic) as a key part of its ongoing strategy for profitable growth in Europe and the US. The takeover of the Spanish company extends Vanderlande’s manufacturing capacity and adds a number of new products to its distinctive product portfolio.
Recognised for its high-quality manufacturing and products, Dinamic has had a longstanding working relationship with Vanderlande. A new company, Vanderlande Industries Santpedor S.L., will be established in Santpedor, Spain to continue expanding the manufacturing facilities, and developing and selling new and existing products. These include the Scannojet tray return system – an automated security check system for hand baggage inspection – as well as its Beltcurve and extendable conveyors.
As part of the agreement, Vanderlande has also acquired Dinamic Manufacturing USA Inc, which will be renamed Vanderlande Manufacturing USA Inc. This facility will be developed into a comprehensive local manufacturing site.
Both of the new companies are expected to expand in terms of turnover, capacity and capability, based on Vanderlande’s expertise, its predicted growth and successful product development. In order to ensure sustainable progress and profitability, Dinamic will be reorganised with the implementation of some logistical, operational and organisational changes.
Vanderlande CEO Govert Hamers says, “The acquisition of Dinamic manufacturing facilities fits perfectly within Vanderlande’s business development strategy and supports our growth ambitions in both Europe and North America. The Scannojet, Beltcurve and extendable conveyors are examples of the new opportunities that this takeover will bring to our expanding portfolio of material handling solutions.”
Source: Press Release