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CEAT buys Camso's Off-Highway tyres
December 07, 2024
|The New Indian Express Kottayam
LEADING tyre manufacturer CEAT is acquiring Camso brand's Off-Highway construction equipment bias tyre and tracks business from Michelin in an all-cash deal valued at about $225 million.
The transaction will include the business with revenues of about $213 million for CY2023 and global ownership of the Camso brand, along with two state-of-the-art manufacturing facilities.
The manufacturing facilities being acquired are located in Sri Lanka.
هذه القصة من طبعة December 07, 2024 من The New Indian Express Kottayam.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Kottayam
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