DSI sells DSI Norway AS to KB Spennteknikk International AS, Norway

Effective from January 2nd, 2012, DSI sells DSI Norway AS to KB Spennteknikk International AS, Norway.

Headquartered in Skytta, DSI Norway AS has been a part of the DSI Group since its foundation in 1980. Focused on the Scandinavian market, DSI Norway AS has been valued as a partner both by clients and business partners thanks to its know-how and the long-standing experience of its employees.

DSI’s declared objective is to establish itself amongst the leading suppliers in every market it is represented in. Due to a highly fragmented market environment and today’s competitive situation, DSI is expecting DSI Norway AS to not be able to realize future growth perspectives with the desired dynamics.

As a consequence, DSI decided to initiate the sales process for DSI Norway AS, which has been successful on the Scandinavian market for decades. After a preselection of potential candidates KB Spennteknikk International AS proved itself as the best partner for DSI due to complementary technologies and structures. On December 23rd 2011, the contract with KB Spennteknikk International AS as the buyer of DSI Norway AS was signed.

DSI and the new owner have agreed on changing DSI Norway AS’ legal name to Dywidag Norge AS. All of DSI Norway’s employees are going to be taken over into the new company “Dywidag Norge AS” following the change of name. Nothing will change either for clients or suppliers because the experienced team will continue to competently support all clients and business partners.

Furthermore, the co-operation between DSI and KB Spennteknikk International AS will be considerably strengthened by the conclusion of a license agreement. This license agreement also ensures the supply of the new “Dywidag Norge AS” with high quality DYWIDAG geotechnical and post-tensioning products and systems for the Norwegian and Swedish markets.

KB Spennteknikk International AS is a company that is characterized by strong traditions and innovation. It is very suitable as a holding company for DSI Norway AS due to a comparable business culture. We are firmly convinced to have been able to secure the future of DSI Norway AS and its long-standing employees by the successful sale of the company to KB Spennteknikk International AS. We would like to wish DSI Norway AS and all of its employees a successful future and are looking forward to intensifying our business relationship with KB Spennteknikk International AS.

KB Spennteknikk International AS

As an industrial company, KB Spennteknikk International AS and cooperating daughter companies offers innovative and sophisticated products for all areas of the construction trade. In addition to the manufacturing, supply and installation of its products, it offers comprehensive services to civil engineers, architects, construction companies and building material suppliers.  Further information is available at: www.spennteknikk.no