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CEAT buys Camso's Off-Highway tyres
The New Indian Express Vellore
|December 07, 2024
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.
Esta historia es de la edición December 07, 2024 de The New Indian Express Vellore.
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