Stock rallies on positive brokerage ratings Shares of CEAT climbed 5 per cent to Rs 3,328 in early trade on December 12, ...
India's CEAT said on Friday it would buy French tyremaker Michelin's Camso brand for $225 million, as it looks to expand into ...
The transaction will include the business with revenues of around $213 Mn for CY 2023 and global ownership of the Camso brand ...
Camso's product portfolio includes agriculture tires and tracks, harvester tires and tracks, power sports tracks and material ...
RPG Group company Ceat said that it has entered into a definitive agreement with the French tyre maker Michelin to acquire ...
CEAT and Michelin entered into a definitive agreement for CEAT to acquire Camso brand’s off-highway tyre business in an ...
CEAT shares have rallied 36 percent since the start of the year. Post the acquisition, the initial focus shall be on ramping up the capacity and when the Camso brand rights are assigned, it shall ...
Michelin Group is selling its Camso brand and a package of off-road tire-manufacturing assets in Sri Lanka to India's CEAT ...
Camso, initially based in Canada, was purchased by France-based tire producer Michelin in 2018. CEAT itself was founded in ...
Once Ceat completes the acquisition of Camso brand over next three years, it will also be able to sell conveyor belt tracks ...
The acquisition comprises Camso's assets, which generated $213 million in revenue in 2023, as well as two manufacturing sites ...
India's CEAT said on Friday it would buy French tyremaker Michelin's Camso brand for $225 million, as it looks to expand into ...