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CEAT Acquires Camso from Michelin in $225 Million Deal

CEAT Camso
Camso has a strong presence in the EU and North American, providing CEAT with access to a global customer base.

Camso Will Give CEAT the Ability to Widen Its Product Base into Tracks and Construction tyres.

CEAT, a tyre company under the RPG Group, has signed an agreement to acquire the off-highway tyres brand, Camso, from Michelin. The all-cash deal is valued at about US$225 million.

The transaction encompasses Camso‘s whole business operations, which generated revenues of US$213 million last year. It includes the global ownership of the Camso brand, along with two state-of-the-art m...

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