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Ceat set to acquire Camso for $225 mn
December 07, 2024
|Business Standard
Ceat, an RPG Group company, on Friday announced that it had entered into an agreement with global tyre company Michelin to acquire the Camso brand's Off-Highway construction equipment bias tyres and tracks business.
Ceat, an RPG Group company, on Friday announced that it had entered into an agreement with global tyre company Michelin to acquire the Camso brand's Off-Highway construction equipment bias tyres and tracks business. The all-cash deal, valued at $225 million and including two manufacturing facilities in Sri Lanka and the global rights to the Camso brand, is set to be completed within 6-9 months, subject to regulatory approvals.
هذه القصة من طبعة December 07, 2024 من Business Standard.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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