Dunlop Aircraft Tyres

Sector: Industrials

Dunlop Aircraft Tyres is a highly respected and globally recognised aircraft tyre manufacturer

Business Overview

  • Founded in 1910 with facilities in the UK, USA and China
  • Highly respected and globally recognised aircraft tyre manufacturer, with a strong presence in the commercial and military aviation market
  • Over 300 customers with the certifications to supply tyres to over 150 types of aircraft
  • Strong brand with significant heritage, having manufactured tyres for the Howard Wright Biplane, and has also historically manufactured the tyres for iconic aircraft including the Spitfire and Boeing 747

Investment Thesis

  • Globally recognised brand, with a reputation for technological expertise

  • Differentiated proposition as the only global pure-play aircraft tyre manufacturer

  • Strong market fundamentals with global air passenger volumes and military demand continuing to increase

  • High barriers to entry
  • Strategic geographic expansion with a new US re-tread plant and scope for further growth in Africa and Asia