DMI Announce Joint Venture in Brazil
23rd February- 2013
DMI are pleased to announce an agreement made with Cascadura Ltda of Sorocaba, Brazil covering the supply of services to the offshore, oil and gas sectors in Brazil. The two companies have reached an agreement to use the know-how and expertise of Aberdeen based Highland Electroplaters, a DMI Company, to coat and finish parts for the Brazilian offshore sector. The two companies have agreed that a Rio de Janeiro based joint company will be formed, two-thirds owned by Cascadura and one-third owned by DMI ltd.