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 ...
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.
Leading tyre manufacturer CEAT is acquiring the Camso brand off-highway construction equipment bias tyre and tracks business from Michelin in an all-cash deal valued at about $225 million.
The company’s focus on premiumizing its product portfolio and expanding into agriculture and power sport tracks through the Camso brand could further strengthen its presence in high-margin segments.
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 ...
CEAT Ltd, a domestic tire company, stated that its board of directors has approved the acquisition of Michelin’s Off-Highway construction equipment bias tyre and tracks business under the Camso ...
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 ...
Tyre maker and RPG Group company CEAT on Friday said it has entered into a definitive agreement with Michelin to acquire its Camso brand's off-highway tyres (OHT) and tracks business for about USD ...
CEAT, an RPG company, and Michelin, a global tyre company, announced on December 6 that they have entered into a definitive agreement for CEAT to acquire Camso brand’s Off-Highway construction ...