Press Release

Midlands-based manufacturer Dunlop Systems and Components has secured investment from Finance Birmingham and ABN Amro Commercial Finance in a deal led by Springboard Corporate Finance.

Dunlop designs and manufactures advanced electronic control systems and air suspension components for the automotive and ancillary industries. The Company, with its long Midlands heritage dating back to 1890, was formed in 2007 following a management buy-out of the Dunlop Coventry suspension division from the previous owners Trelleborg AB.

Under the stewardship of Chris Davis, Managing Director, the business has invested heavily in the Company’s infrastructure and capabilities by moving into a purpose built state of the art facility at Prologis Park in Coventry in June 2014. Dunlop has, concurrent with the refinance, entered into a new contract with Dunlop International Limited, which includes certain rights to sub license the brand.

Springboard Partner David Neate and Executive Jonathan Wright advised Dunlop on the transaction. The Finance Birmingham team comprised Marcus Hook with Guy Walsh leading the transaction for ABN Amro Commercial Finance. Legal advice to Dunlop was provided by Hill Hofstetter, with Finance Birmingham advised by Wright Hassall.

Commenting on the refinancing Chris Davis said: “I am delighted to have secured the refinancing of Dunlop. As a company we have invested heavily in the infrastructure of the business and now have industry leading capabilities. The refinancing will enable the company to capitalise on this investment and deliver growth in our UK and export markets.

David Neate added, “We are delighted to have been able to secure the financing to support the continued growth of Dunlop. As a leading global supplier to the automotive sector, the additional funding will enable the Company to drive growth by investing in new product development. This strategy has already seen Dunlop secure a number of new contracts with leading international automotive groups.”