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  FULLY FUNDED

Dymag

UK design and manufacturing company of state-of-the-art lightweight carbon composite and hybrid wheels for cars and motorcycles.  Demand is driven by the automotive industry’s focus on vehicle “light-weighting” (translating into performance, handling and economy/range benefits) and improved aesthetics.

Carbon composites offer the greatest weight saving potential, typically 25% to 45% lighter than traditional metal alloy wheels. BMW, Porsche, JaguarLandRover, General Motors and Ford have either launched or are developing carbon composite wheels programmes commercially. Recently received orders from two internationally recognised OEMs of high performance cars that are predicted to outstrip the company’s current production capacity in 2018.

Management believe they are the industry leader and innovator in carbon composite wheels and are one of the few internationally recognised suppliers of carbon wheels that currently remains independent.


Company Website
https://www.dymag.com/

Sector

Automotive

Target Raise

£3.5m

Minimum Investment

£200K

Stage of Business

Established (Growth)

Expected to qualify for EIS

Yes

Transaction Structure

Private Equity

Target Close Date

2018

Source

WHIreland Team

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