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.

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.

(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 ...

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 ...