Puma injects £3.6m into Dymag

Following the deal, Dymag will pursue international expansion and the transfer its main operations into a larger manufacturing facility. The business will also undertake recruitment in its design and production teams.

Dymag said in a statement that it is experiencing organic growth owing to the growing popularity of electric and hybrid engines, in addition to a trend towards optimising efficiencies in petrol and diesel technology.

Company
Founded in 1974 and headquartered in Chippenham, Wiltshire, Dymag manufactures carbon wheels for the automotive industry. The company has a headcount of 32.

People
Puma Private Equity - Tommy O’Sullivan (managing director).
Dymag Performance Wheels - Chris Shelley (CEO).

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