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CEAT: Focus on off-highway tyres
Financial Express Chennai
|December 10, 2024
Camso deal to also strengthen company's portfolio in tracks
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ment (OE) sectors. The all-cash transaction is valued at approximately $225 million and involves a business with revenues of $213 million as of CY23. This acquisition aligns with CEAT's strategic focus on expanding its presence in high-margin segments, enhancing its product portfolio in off-highway tyres (OHT) and tracks. The portfolio now includes agricultural tyres and tracks, harvester tyres and tracks, power sports tracks, and material handling
Cette histoire est tirée de l'édition December 10, 2024 de Financial Express Chennai.
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