Dec 6 (Reuters) - India's CEAT (CEAT.NS), opens new tab said on Friday it would buy French tyremaker Michelin's (MICP.PA), opens new tab Camso brand for $225 million, as it looks to expand into ...
Anant Goenka, vice-chairman of RPG Group, recalls a chance meeting with an HSBC banker during a flight from Delhi to Mumbai some six months ago, which sparked the conglomerate's interest in ...
CEAT of India has purchased off-the-road tire brand Camso from Michelin. “Camso is an industry leading brand in the off-highway tire market, built through many years of investment in creating product ...
CLERMONT-FERRAND, France — Michelin Group is selling its Camso brand and a package of off-road tire-manufacturing assets in Sri Lanka to India's CEAT Ltd. for roughly $225 million. The sale includes a ...
The transaction, subject to regulatory approvals from relevant authorities, will include the business, which had revenues of around $213 million for CY 2023, global ownership of the Camso brand ...
It has entered into an all cash agreement to acquire Michelin’s Camso brand’s off Highway construction bias tyres and track business. The cost of the deal: an estimated $225 million.
A delegation from CEAT, an RPG India company, led by Managing Director and CEO Arnab Banerjee, met with Mangala Wijesinghe, ...
CEAT, an RPG company and Michelin, the global leader in tyres, announced that they have entered into a definitive agreement for CEAT to acquire Camso brand’s Off-Highway construction equipment bias ...
A delegation from CEAT, an RPG India company, led by Managing Director and CEO Arnab Banerjee, met Chairman and CEO of the Sri Lanka Export Development Board (EDB), Mangala ...
A delegation from CEAT, an RPG India company, led by Managing Director and CEO Mr. Arnab Banerjee, met with Mr. Mangala ...
India's third-largest tyre maker Ceat's Anant Goenka said the acquisition of French company Michelin's Camso brand of off-Highway tyres give the company an foothold into the premium segment ...
Camso, a Canadian brand that Michelin acquired in 2018 for $1.45 billion, makes tyres that are fitted into heavy-duty vehicles such as tractors, harvesters and bulldozers. "The Camso brand is an ...