NNDI acquires Galvano Techniek Schumacher
Industriefonds portfolio company North Dutch Wire Industry (NNDI) expands again; it has acquired the shares of Galvano Techniek Schumacher (GTS), also known as Schumacher Plating.
The North Dutch Wire Industry from Dokkum produces bare steel wire, reinforcing steel and wire nails for construction and industry throughout Europe. Galvano Techniek Schumacher (GTS) is the specialist in the field of nickel plating and galvanizing. Both companies — with 55 and 10 employees respectively — have modern production facilities, deliver high quality and are able to quickly deliver custom work.
On April 12, NNDI took over the shares of GTS. This guarantees continuity for the Schumacher Plating staff. The companies have been working together in a joint venture since 2012. In Dokkum, NNDI draws the wire, which is then electrolytically galvanized at GTS in Uden. The galvanized wire goes to NNDI customers and has many applications.
GTS, or Schumacher Plating, also specializes in galvanizing steel wire with nickel and brass. Until now, these wire products have been marketed by GTS itself, but since the takeover, sales have been made via NNDI.
NNDI is proud to further develop a broader portfolio in the market. In March 2023, NNDI completed the acquisition of wire drawing company Van Meirvenne from Belgium.
