Dyno Industrier ASA is a Norwegian industrial chemicals group with operations in over 30 countries around the world. Over the years Dyno Industrier ASA has grown into a well diversified company, with core business areas in the fields of explosives, speciality chemicals and plastic products - with world-wide markets.
Due to continuous research and development, Dyno Industrier ASA is a technical leader in the field of factory manufactured explosives, bulk explosives, initiation systems and technical grade ammonium nitrate.
The acquisition of Zamdet by Dyno Industrier ASA is a further step in its strategy of expanding its presence on the African continent Zamdet has since inception been profit making. The Company's market base within Zambia has expanded to include customers other than ZCCM. Exports to Zimbabwe and Zaire commenced in 1995 while other export opportunities are being explored.
Nitro Nobel AB, the minority shareholder had pre - emptive rights as
enshrined in the Company's Articles of Association.