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CEAT buys Camso's Off-Highway tyres
The New Indian Express Sambalpur
|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.
Bu hikaye The New Indian Express Sambalpur dergisinin December 07, 2024 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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