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 ...
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 ...
MUMBAI: Domestic tyre maker Ceat, an RPG-Harsh Goenka group company, will acquire Camso brand that has an off-highway tyre business from global major Michelin for $225 million, translating to ...
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 ...
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.
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, 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 ...
The acquisition includes the global rights to the Camso brand, two advanced manufacturing facilities in Sri Lanka and a business generating revenues of US $ 213 million (Rs.62 billion) in 2023.
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, has met with Sri Lanka's Export Development Board to discuss expanding CEAT’s ...
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 ...