Henrik Nyholm and Eric Smith, founders of Uteprodukter.se, have been accepted to Prince Daniel's Fellowship. The two-year-program gives the participants the chance to develop their business together with selected mentors from the Swedish trade and industry. Mentor for Uteprodukter.se is Bo Lundevall, founder of dustin.se.
In 2019, Formenta presents the project of a new factory and headquarter of 5,700 sqm in Värnamo by the E4 highway. Architect for the project is Magnus Thureborn and Landscape Architect is MARELD, both based in Gothenburg.
Formenta plans to move to the new location in early 2020.
January 2nd 2019 Nyholm Group fullfil the aquisition of family owned AB Fingal Johnsson & Söner, founded in 1928. Fingal Johnsson becomes a new brand in the Group and adds new products for safe outdoor lighting solutions.
In June 2017, Flaggfabriken Kronan moves to a newly built location on Andesitgatan 14E in Helsingborg.
In 2017, Jess Lykke Pedersen is announced as the new Managing Director of Danomast A/S.
Henrik, Carl and Peter Nyholm are awarded 2014 Entrepreneurs of the Year in the city of Värnamo.
In June 2014, Nyholm Group acquires majority of the shares in Flaggfabriken Kronan in Helsingborg, one of the market leaders in Sweden for commercial flags, founded in 1932.
The acqusition of Kronan gives Nyholm Group a wide range of products for outdoor visual communication.
Nyholm Group acquires majority of the shares in Danomast A/S in Denmark and becomes one of the market leaders of fiberglass flagpoles worldwide.
Danomast becomes a new brand in Nyholm Group and opens up for new interesting markets.