30 Aug STYLE High Tech made a new start!
STYLE High Tech (manufacturer of CNC lathes and milling machines) from Bunschoten has made a new start. Nivora Group (known from Safan, Darley and Bewo) has taken over all activities, which provides continuity for customers and employees. All employees have been offered a new contract. Meanwhile also the production restarted.
In 2009, the manufacturer’s toughest year, the sales fell back for 70%. In the period afterwards the manufacturer managed to recover so that the order intake came back to the level before the crisis. However, by the weakened financial position growth no longer could be financed.
Director Wouter van Halteren: “We are proud that the Nivora Group decided for cooperation with us . We have in recent years despite the economic difficulties worked hard on our distribution network, new technological developments such as the STYLE 4 Control, and quality brand positioning on the market. The reward is that we now belong to a group of companies that belongs to the top of the Dutch machine-bulding industry. The Nivora Group attaches great importance to the unique technology and encourages employees for personal development. For all our employees and customers is this a very good news. Personally, I am glad that an end has come to the uncertainty of the last few weeks and I am looking forward to give the management leadership to a healthy and progressive company within the Nivora Groep “.
Nivora Chairman Nico Green: “Nivora wants to maintain the quality of the employment in machine-building industry in the Netherlands. By investing heavily in development and technology in every market we serve, we show that there is still place for manufacturing industry in the Netherlands . With brands to be proud of and which serve their customers all around the world. With STYLE we added a representative Dutch machine brand to the group together with 40 dedicated employees. STYLE has a good backlog and a development department full of plans. We are pleased to make the restart of STYLE possible and expect a lot from the new cooperation within our group. ”
STYLE High Tech will continue under the name STYLE CNC machines.
Information on Nivora Group: Nico Groen +31-6225 23103
Information about STYLE CNC Machines: Wouter van Halteren +31-33-2988899