Doosan to be renamed DN Solutions following merger

Doosan Machine Tools has announced it will change its name to DN Solutions and be reborn as a total manufacturing solutions provider, effective June 2.

DN Solutions, the new name of Doosan Machine Tools, signifies a new start after its merger with DN Automotive, which became its parent company in January.

“This name change was intended to signify our commitment to becoming a global manufacturer,” says Kim Jae-Seop, CEO of DN Solutions. “DN Solutions and DN Automotive create a synergistic effect by working together to find new growth engines and maximize manufacturing capabilities. We are committed to offering integrated manufacturing solutions to a wide range of industries based on competitive products."

The “D” in DN alludes to the 45 years of history and trust built among Daewoo and Doosan, the predecessors of DN Solutions, along with DTR Automotive, the predecessor of DN Automotive. The “N” represents “now and new,” the will of DN Solutions to open new paths by constantly taking on challenges now rather than being complacent following past achievements.

DN Solutions says is committed to being reborn as a global manufacturer under the new name by way of distinctive competitive advantages over current growth engines. The company plans to grow through aggressive investment in manufacturing capabilities and sustainable management for social responsibility. It will work closely with DN Automotive, its controlling shareholder, to identify new growth engines to become a solutions provider for the global manufacturing industry.

DN Automotive, the controlling shareholder of DN Solutions, is an automotive parts manufacturer founded in 1971 that produces tires, batteries and VMS (Vibration Management Systems). It is a top three manufacturer in the global VMS market and supplies approximately 30 global leading OEMs, including General Motors and BMW.

In addition, DN Solutions has participated in SIMTOS 2022, which took place at the Korean International Exhibition Center in Goyang-si, South Korea from May 23-27. During the expo, DN Solutions showcased various products featuring the latest technologies, including a 5-axis, large machining center, as well as a wide range of products and solutions for the information technology and semiconductor industries. A ceremony was held to announce the company's new name and share its meaning and the vision for the future.