Versarien creates joint venture for hardmetal tooling

Metal Powder Report  Volume 00, Number 00  January 2015

NEWS

News Versarien creates joint venture for hardmetal tooling Versarien Plc has formed a 50:50 joint venture with Dimar Limited, a tungsten carbide tool manufacturer based in Israel, to distribute a new range of tooling for the composites industry. Dimar currently sells a range of high performance tooling to a number of global

organisations in the automotive, aerospace and marine sectors. The new company, DV Composites will be based and operate out of Versarien’s headquarters in Mitcheldean, Gloucestershire, UK, and will distribute these new products, alongside its development products for the composite

industry. ‘This joint venture has provided the Group with a fantastic opportunity to combine several of our key technologies with those of Dimar, for the fast growing composites industry,’ said Neill Ricketts, CEO of Versarien. Versarien Plc; www.versarien.com

0026-0657/http://dx.doi.org/10.1016/j.mprp.2014.12.041

1 Please cite this article in press as: Met. Powder Rep. (2014), http://dx.doi.org/10.1016/j.mprp.2014.12.041