DN Tyre & Rubber Plc (“DNTR”) was incorporated in 1961 as Dunlop Nigeria Industries Ltd, a subsidiary of Dunlop UK and manufacturer/marketer of automotive tyres and was immediately listed on the Stock Exchange. It commenced business by trading in tyres imported by the Group Company while work was going on at its own factory at its Oba Akran, Ikeja premises. In 1963, the factory was finished and the business expanded into the manufacturing of automotive tyres.

The Company’s efforts at sourcing local raw material inputs for its production informed a strategy of backward integration. This resulted in the acquisition of the majority shareholding in Pamol (Nigeria) Ltd in 1991, a decision which offered DNTR a guarantee of uninterrupted supply of the right quality and quantity natural rubber, a major raw material in tyre manufacturing. Pamol is also an exporter of natural rubber.