Private equity firm Liberty Hall Capital Partners has purchased Dunlop Aircraft Tyres Ltd., a manufacturer of aircraft tires, for $135 million. The target is Liberty Hall’s first portfolio company that provides aftermarket products to the aerospace industry.
Dunlop Aircraft, named after the company's founder John Boyd Dunlop, designs tires that are used on more than 150 commercial, regional and military aircraft models. The target operates three facilities located in Mocksville, North Carolina, Jinjiang, China and Birmingham. Dunlop Aircraft is not affiliated with Goodyear Dunlop, which acquired the Dunlop car tire brand in 1999.