Dymag Performance Wheels secures £600k to expand UK manufacturing capacity
The investment will fund a new low volume car wheels factory and support the existing bicycle and motorcycle business.
A manufacturer of advanced carbon composite and metal wheels serving the automotive, motorcycle, and cycle markets.
Dymag Performance Wheels has secured £600k in funding to execute its growth strategy. The capital will be deployed to establish a new low-volume factory for car wheels in the UK, alongside expanding production capacity and providing working capital for its existing motorcycle and bicycle operations.
Re-launched in late 2010 by CSA Performance Wheels Limited, the company builds upon a history spanning more than four decades in motorsport. Its lightweight wheels utilise carbon composites alongside forged and cast magnesium and aluminium.
The investment arrives as vehicle manufacturers, notably BMW and Audi, increasingly focus on weight reduction through advanced materials, placing the company in a strong position to meet rising industry demand.
Use of funds
- 01Build out infrastructure
- 02Scale operations
Categories
About the company
Dymag Performance Wheels
Dymag designs and manufactures advanced performance wheels for the automotive, motorcycle, and cycle industries.