RPG GROUP FLAGSHIP firm Ceat has signed a definitive agreement to acquire two Sri Lanka-based tyre making plants and the brand Camso, all owned by world's largest tyre maker Michelin, for ₹1,905 crore (about $225 million). This is Mumbai-based company's first-ever acquisition.
Camso is a premium brand in off-highway construction equipment tyre and tracks segment, with strong equity and market position in the European Union and North America aftermarket, and original equipment segments, Ceat said.
هذه القصة مأخوذة من طبعة December 07, 2024 من Financial Express Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة December 07, 2024 من Financial Express Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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