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 ...
CEAT, an RPG company and Michelin announced they have entered into a definitive agreement for CEAT to acquire Camso brand’s off-highway construction equipment bias tire and tracks business from ...
Both Michelin and Ceat will work together to implement appropriate ... for Rs 1,905 crore (about $225 million). This is Mumbai-based company’s first-ever acquisition. Camso is a premium brand ...
Mumbai-headquartered CEAT Ltd had reported a 41.8 per cent dip in consolidated net profit at ₹121 crore in the quarter ended September 30, 2024 as against ₹208 crore reported in the same ...
CEAT Ltd. an RPG company and Michelin have entered into a definitive agreement by which CEAT would to acquire Camso brand’s Off-Highway construction equipment bias tyre and tracks business from ...
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 ...
Debashish Roy Ceat, a tyre manufacturer ... degree and holds a management degree from IIM Mumbai, majoring in IT and Operations, Advt He has led multi-cultural teams across India, North America ...
(Reuters) - India's CEAT said on Friday it would buy French tyremaker Michelin's Camso brand for $225 million, as it looks to expand into higher-margin tyres at a time when elevated rubber prices have ...
Shares of CEAT Ltd slipped 4.30 per cent in Tuesday's trade to hit a low of Rs 3,258. At this price, the stock has slipped 9.03 per cent from yesterday's record high of Rs 3,581.45. Bourses BSE ...
62bn) in CY 2023 and global ownership of Camso brand Camso brand will be permanently assigned to CEAT across categories after a 3-year licensing period Transaction will be subject to regulatory ...
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 ...