KBC Private Equity is to acquire a majority stake in Dynaco from founder and owner Benoit Coenraets.
KBC Private Equity is to acquire a majority stake in Dynaco from founder and owner Benoit Coenraets. Dynaco, which was founded in 1987 and has a presence in most European countries as well as the US and Japan, designs, manufactures and commercialises high performance industrial doors.
In 2006, Dynaco achieved a turnover of EUR27.5 million and employed around 120 people. Benoit Coenraets will remain an important shareholder in the company, while Olivier Coune will continue as CEO. Dynaco is planning to introduce new products in both the US and Europe, expand its geographical scope and strengthen its dealer network.