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.