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 ...
Camso will give CEAT the ability to widen its product base into tracks and construction tires. It also will give CEAT access to a global customer base including over 40 international OEMs and premium ...
CEAT share price jumped over 10% to hit a record high after the company announced entering into a definitive agreement to acquire Camso brand’s Off-Highway construction equipment bias tyre and tracks ...
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 ...
MUMBAI, India — CEAT Specialty Ltd. Chief Executive Amit Tolani said the tire maker will push forward with its pending acquisition of off-road tire and track manufacturer Camso despite the uncertainty ...