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 ...

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 ...

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 ...

Ceat will also have access to high-technology products and Camso’s track business customers. Although Ceat will not have access to the tyres business now, in three years, It will gain access to ...

Camso provides highway construction equipment bias-tire and tracks for OTR application, and CEAT will now have global ownership of the Camso brand and two manufacturing facilities. Camso, initially ...

"CEAT and Michelin announce that they have entered into a definitive agreement for CEAT to acquire Camso brand's off-highway construction equipment bias tyre and tracks business from Michelin in ...

Once Ceat completes the acquisition of Camso brand over the next three years, it will also be able to sell conveyor belt tracks over time, and it also lays ground for Ceat's entry into the compact ...

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 ...