Triton Building Better Business
Building better businesses
Languages
A global leader in strata, geotechnical and post-tensioning control systems

DSI

DSI was acquired by Triton Fund III in June 2011
Dywidag-Systems International ("DSI") is a global market leader in strata, geotechnical and post-tensioning control systems. Its products, which include bars, strands, wires and meshes, are used in the construction, mining, tunnelling and civil engineering industries.

DSI's history dates back to 1865. Today the company develops, produces and supplies systems in more than 90 countries and has 28 regional manufacturing sites. Services include the design, planning and installation of systems, as well as quality management and onsite supervision. DSI employs 2,138 staff.

In 2010, DSI was taken over by its lenders after the company was unable to service the debt from a buyout in 2007. Triton had been following DSI since 2004 and had a good understanding of its potential. Triton took the view that the banks would not be long-term owners of DSI and approached them with a proposal in 2010.

The banks were keen to find a buyer with a record of being a solution provider to lenders and the ability to be a solid owner of DSI.

During the sales process, Triton built a strong relationship with DSI's management. This, together with securing guaranteed financing for the acquisition, was central to Triton acquiring DSI in June 2011.

Key events since Triton's investment

  • Prior to its investment DSI was distracted by over-leverage and an uncertain ownership. Triton has given support and certainty and the company has de-leveraged. This combined with a strengthening of the management team and board has allowed the business to refocus on industrial decisions.
  • DSI has acquired majority stakes in the UK mining contractor Drill Trek Systems, and in the Russian mining consumables distributor DSI Techno. It has also acquired 2 mining consumable businesses in the US.
  • Dywidag Systems International signed agreements to acquire Jennmar businesses outside the US and sell its US Mining business to Jennmar.
  • DSI established a Joint Venture in Jining, China.
  • DSI Underground aquired 100% of share capital of Heintzmann Australia Pty Ltd.
  • DSI Underground Australia signed an agreement to acquire Fero Group.

 

Press releases

01 Oct 2018 DSI Underground Australia announces completion of the Fero Group acquisition
30 Apr 2018 DSI Underground Australia signs agreement to acquire Fero Group
14 Dec 2017 DSI Underground agreed to acquire 100% of share capital of Heintzmann Australia Pty Ltd
17 Jun 2016 DYWIDAG-Systems International establishes new Joint Venture in Jining, China
02 Feb 2016 Dywidag Systems International has signed agreements to acquire Jennmar businesses outside the US and sell its US Mining business to Jennmar

Country:
Luxembourg

Fund:
Triton III

Acquisition date:
June 2011

Sector:
Industrials

Sales:
€694 million (2017)

Number of employees:
2,200 (2017)

Board of directors:
Matthew Turner (CoB)
Dr. Hansgeorg Balthaus
Björn Killmer
Nick Moses
Michael Reich
Matti Kuivalainen

Company website:
www.dywidag-systems.com

Contact:
Björn Killmer

Management:
Matti Kuivalainen (CEO)

Sign up here to receive email news notifications

rss feed Linked in

Our locations*

* For legal entities please see the legal notice

Triton

This website is not directed at visitors who are located within the US.

See legal notice 3
PRI

View the full site:

English Deutsch

Basic information

Dansk Español
Français Italiano
Nederlands Norge
Suomi Sverige

Close