The Chilean company has two factories located in Quilicura, Santiago. All 120 employees of Soprofint will continue with the company that will now operate as DSI Soprofint.
Over the past three years DSI has, through strong organic growth and acquisitions, successfully established and expanded its activities in supplying strata control products to mining companies around the world.
“The acquisition of Soprofint gives DSI Mining a strong manufacturing and distribution base in Chile from which to service the expanding mining markets of South America,” DSI Mining and Tunneling chief operating officer Bob Bishop said.
“While Soprofint already supplies their high quality and well-accepted products to several South American countries they will greatly benefit from having access to DSI’s technical know-how, broader product range, and global market position. Soprofint has an excellent reputation in the market with well-respected management and a desire to expand, which makes them an excellent fit with DSI.”
The DSI Group has more than 2000 employees worldwide with operations across Europe, Asia-Pacific and the Americas. In 2005 the DSI Group was acquired by private equity fund Industri Kapital.