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EQT to sell Dunlop Protective Footwear
EQT acquired Dunlop in June 2018 . During EQT's ownership, Dunlop has enhanced its go-to-market approach in the US, cemented its sustainability credentials, and made substantial investments in its digital platform. The Company has also significantly expanded its e-commerce business (both directly and indirectly) and achieved EcoVadis Gold for the 3rd year in a row.
Floris van Halder , Managing Director within the EQT Private Equity advisory team, said: "Dunlop is a true example of innovation and sustainability leadership, empowering the doers and makers of the world to get their job done safely. We want to thank the management team and all the employees of Dunlop for their commitment and hard work over the past years."
Maurice Hansté, CEO of Dunlop, said, "We would like to thank EQT for supporting us as responsible owners and helping us navigate the uncertain market environment over the last few years. Together, we have further professionalized Dunlop, enhanced our US go-to-market approach, and expanded our e-commerce platform. Today, we are well-equipped to continue on our growth journey with our new owners and dedicated colleagues. We look forward to continue working with our distribution partners and suppliers to deliver high-quality, safe, durable, and comfortable products to the end-customers."
The transaction is subject to customary conditions and approvals.
EQT Press Office, press@eqtpartners.com
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