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Neways to acquire part of a DHV business unit in Eindhoven

Neways Electronics International N.V. (Neways) and consultancy and engineering firm DHV signed a Letter of Intent pertaining to the planned acquisition by Neways of part of a unit in Eindhoven (Netherlands).

The proposed acquisition provides Neways with specialist know-how in the field of development and engineering of electronics for the high-tech industry. The move is fully in line with Neways' one-stop-provider concept and is part of the company's strategy to further boost Neways' development activities. The acquisition will make an immediate contribution to Neways' profits. The annual turnover from these activities is around € 4 million.

DHV's decision to sell the Eindhoven based section is in line with the company's increased focus on the markets for transportation, water & environment and buildings & real estate.



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