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, ...
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 ...
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 ...
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 ...