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MIDAS SHARE TIPS: Want a winner? Try Zotefoams, the firm behind faster trainers

Nike is the largest sportswear company in the world, generating revenues of more than £15 billion a year from shoes and trainers alone.

The group prides itself on working with the best suppliers globally, especially when it comes to high-performance gear, worn by medal-winning athletes.

Zotefoams is one of those suppliers, a business based in Croydon, South London. They are the mastermind behind a set of unique foams that are exceptionally light, resilient and environmentally friendly.

Zotefoams plc (LON:ZTF) is a world leader in cellular materials technology. Utilising a variety of unique manufacturing processes, including environmentally friendly nitrogen expansion for lightweight AZOTE® polyolefin and ZOTEK® high-performance foams, Zotefoams sells to diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT® advanced insulation for demanding industrial markets. In addition, Zotefoams owns and licenses patented MuCell® microcellular foam technology, developed specifically for extrusion applications, from a base in Massachusetts, USA to customers worldwide.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.