Ceat to acquire Michelin's Camso brand for $225 million

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The story "Ceat to acquire Michelin&#039;s Camso brand for $225 million" was covered 5 days ago by Times of India, a news publisher based in India.

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Times of India 5d ago

Quick Summary:

India Business News: 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 .

Under the deal, Ceat will also acquire two Sri Lanka-based manufacturing facilities from Michelin, a French tyre maker.

Ceat and Camso together could have the synergies to expand to other segments such as agriculture tyres.