The business developed rapidly and when in 1991, IMO regulations were tightened to make lifejacket lights compulsory in vessels undertaking long voyages, Daniamant was in an ideal position to respond. The business developed steadily during the 1990’s and in 1998 was further boosted when IMO legislated for lifejacket lights on all SOLAS vessels, including ferries.
In 2005, Arne Gillin, together with Dansk Generationsskifte Kapital bought into the Company, starting a new wave of expansion. In 2006 Daniamant acquired the Survivor Location Lights division from McMurdo Ltd in the UK and in 2007 Daniamant acquired the Lifebuoy Lights business from Comet GmbH. In 2010, NTR Holding A/S of Denmark acquired Daniamant Holdings A/S with the intention to continue to strengthen Daniamant’s position in the world market through organic growth and through acquisitions.