India's CEAT said on Friday it would buy French tyremaker Michelin's Camso brand for $225 million, as it looks to expand into ...
Camso, a Canadian brand that Michelin acquired in 2018 for $1.45 billion, makes tyres that are fitted into heavy-duty ...
Stock rallies on positive brokerage ratings Shares of CEAT climbed 5 per cent to Rs 3,328 in early trade on December 12, ...
The acquisition aligns with CEAT's strategic goals of premiumizing its product portfolio, investing in high-margin speciality ...
RPG Group company Ceat said that it has entered into a definitive agreement with the French tyre maker Michelin to acquire ...
The transaction will include the business with revenues of around $213 Mn for CY 2023 and global ownership of the Camso brand ...
Camso is a Canadian brand that makes tyres for tractors, harvesters, bulldozers and other off-highway vehicles which command ...
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s ...
CEAT and Michelin entered into a definitive agreement for CEAT to acquire Camso brand’s off-highway tyre business in an ...
Camso, initially based in Canada, was purchased by France-based tire producer Michelin in 2018. CEAT itself was founded in ...
Domestic tyre maker Ceat, an RPG-Harsh Goenka group company, will acquire Camso brand that has an off-highway tyre business ...
The northward move in CEAT share price came after it announced that it has acquired Camso brand's Off-Highway construction ...