In early 2024, company leaders told investors that DMC would attempt to offload DynaEnergetics, the company's energy-industry services division.
DMC Global CEO Michael Kuta is retiring amid a period of rough seas for the company.
"Under the direction of a new interim business president, Arcadia is executing a series of internal initiatives," DMC said.
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A customized collection of news from foundations from around the Web.
The Charities Aid Foundation has set up a scheme, called the Social Enterprise Assist, that will render interest-free loans of up to £10,000 each to help social enterprise start-ups.