DSI acquires Soprofint SA, the leading Strata Control Company in Santiago, Chile
DYWIDAG-Systems International (DSI) is pleased to announce the acquisition of Soprofint, Santiago, Chile, South America. In this region Soprofint is the market leader for the supply of ground support products to underground mines and also sells products to the tunneling sector. The company has two factories located in Quilicura, Santiago. All 120 employees of Soprofint are continuing with the company that will operate as DSI Soprofint in the future.
Over the last 3 years DSI has, through strong organic growth and the acquisition of strategically located companies, successfully established and expanded its activities in supplying strata control products to the Mining Companies and today is the global market leader.
Bob Bishop, Chief Operating Officer of DSI Mining and Tunneling, commented that “the acquisition of Soprofint gives DSI Mining a strong manufacturing and distribution base in Chile from which to service the expanding mining markets of South America. While Soprofint already supplies their high quality and well accepted products to several South American countries they will greatly benefit from having access to DSI´s technical “know how”, broader product range, and global market position. Soprofint has an excellent reputation in the market with well respected management and a desire to expand which makes them an excellent fit with DSI”.
The DSI Group has over 2.000 employees worldwide with operations across Europe, Asia-Pacific and the Americas. In 2005 the DSI Group was acquired by Industri Kapital, a private equity fund that strongly supports the DSI Group expansion strategy.
Industri Kapital is a European private equity firm with Nordic roots, managing close to 4 billion Euros in fund commitments. Since 1989 Industri Kapital has acquired 61 European companies. The current portfolio encompasses 24 companies with a total turnover close to 8.6 billion Euros. Industri Kapital invests mainly in mid-sized companies with strong cash flow and profit improvement potential, operating in mature industries with fundamental underlying growth. For more information: http://www.industrikapital.com/.