Sumitomo secures rights to Dunlop-branded products

Kobe, Japan – Sumitomo Rubber Industries Ltd. (SRI) has struck a deal to acquire the trademark rights to the Dunlop brand in 86 countries where it currently operates as a licensee of Sports Direct International PLC (SDI).

SRI has agreed to pay $137.5 million (€131.7 million) to SDI for the trademark rights as well as SDI’s Dunlop-branded sporting goods and licensing businesses.

Among the countries where SRI operates as a licensee are Brazil, Indonesia, South Africa and Thailand.

SRI has established a new subsidiary, Dunlop International Co. Ltd.,…

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