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 ...

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.

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 ...

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 ...

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.

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 ...

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 ...

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, 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 ...