BORBET GMBH EXPANDS ITS PRODUCT PORTFOLIO WITH THE ACQUISITION OF DYMAG TECHNOLOGIES LIMITED
BORBET GmbH, a leading global manufacturer of light alloy wheels, is pleased to announce the acquisition of its new subsidiary Dymag Technologies Limited. This strategic acquisition includes the takeover of the Dymag brand, all patents, production facilities and the immediate integration of all employees (m/f/d).
Dymag is a renowned manufacturer of carbon and magnesium car and motorbike wheels based in Chippenham, England. Dymag produces and supplies BX-F wheels to aftermarket customers in the USA and Asia as well as Tier 1 wheel manufacturers worldwide. In addition, the company will continue to develop and market its successful motorbike wheels.
Burkhard Plett, CEO of BORBET GmbH: "With the acquisition of the Dymag assets by Dymag Technologies Ltd., we are expanding our portfolio to include carbon and magnesium rims. This strategic decision underlines our aim to be a leader in all key wheel technologies for the automotive industry."
Dymag Technologies Limited will operate as an independent subsidiary of BORBET GmbH based in Chippenham, UK. The company will work closely with BORBET to expand the development, production and distribution of carbon hybrid wheels for both original equipment and the aftermarket. These innovative products will be incorporated into the BORBET portfolio and will be available to OEM and aftermarket customers.
About Dymag:
Founded in 1974 and based in Chippenham, UK, Dymag is renowned for its innovation and expertise in the development and manufacture of carbon and magnesium wheels for cars and motorbikes. Dymag is a leader in the development of lightweight, durable and high performance wheels.
About BORBET GmbH:
BORBET GmbH, founded in 1881 and based in Hallenberg-Hesborn, NRW, is a leading global manufacturer of light alloy wheels. BORBET supplies over 30 car manufacturers and is a popular brand in the specialised trade. The company has seven locations worldwide and uses state-of-the-art technology to ensure the highest quality. BORBET's vision is to shape and optimise the mobility of tomorrow. BORBET focuses on continuous research and development in order to feel the pulse of the changing automotive industry and create sustainable, future-oriented solutions. The company places the highest value on environmental compatibility and social responsibility. BORBET's light alloy wheels are an expression of technology and style, helping to shape a sustainable and progressive world of mobility.
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