History

At Dynea, we can look back on a long history. Our origins date back nearly 70 years to our start up as a chemical company in 1947.

Innovation and expansion – the Dyno period (1947 – 2000)

Over a period of five decades, our company was the Dyno Group’s chemical arm. With Norway and Lillestrøm as our home-base, we expanded our product range significantly, and grew to become a truly international company with production and sales on every continent.

 

Milestones:

1947: Norske Kunstharpikser (formaldehyde and resins) established in Lillestrøm

1952: Gullaug Kjemiske Fabrikker AS

1971- 1999: Driving force behind growth and internationalization of the chemical activity of Dyno Industrier.

 

Development of the Dynea Group (2000 – 2013)

In 2000, Swedish PE company Industri Kapital (IK) acquired the Dyno Group,
de-listed it, and merged the chemical activity of Dyno with the chemical activity of Neste Chemicals, to form the Dynea Group. For more than a decade, the Lillestrøm site was a driving force in the Dynea Group.

 

Milestones:

2001: Dynea company name and identity launched worldwide

2002-2007: Streamlining of business and operations.

2007-2014: IK implementing divestment strategy through a split of the Dynea Group, with assets and activities sold in parts.

 

Back to the roots – Independent Dynea period (2013 - )

Dynea in Norway (including companies and assets in Hungary and Denmark) was acquired by Eltek Holding, with an ambition to build on the company’s chemical expertise and strong product range as a basis for innovation and growth.

 

Milestones:

2013: Acquisition by Eltek Holding,

2014: Full ownership of and rights to the Dynea name

2014: New visual identity launched