The deal has been inked for the acquisition of Camso brand’s Off-Highway construction equipment tyre and tracks business, through one or more subsidiaries to be incorporated by CEAT. The deal has been ...

Shares of CEAT Ltd surged during ... JM Financial sees this deal as strategic positive for CEATs’ long-term goal of expanding its presence in off-highway tyres (OHT) business.

CEAT looks to expand into higher-margin tyres at a time when elevated rubber prices ... “This acquisition has a significant strategic consequence for CEAT as it catalyzes the company’s journey ...

CEAT — the No. 23 tire maker worldwide based on fiscal 2023 sales of $1.42 billion — estimates the sales value of the business being acquired at $213 million annually "This acquisition has significant ...

Dec 6 (Reuters) - India's CEAT (CEAT.NS), opens new tab said on ... as it looks to expand into higher-margin tyres at a time when elevated rubber prices have eaten into its profits.

“This acquisition has significant strategic consequence for CEAT as it catalyzes the company’s journey towards being a leading tyre maker globally. Camso is an industry leading brand in the ...

CEAT Ltd, a domestic tire company, stated that its board of directors has approved the acquisition of Michelin’s Off-Highway construction equipment bias tyre and tracks business under the Camso ...

CEAT, an RPG company, and Michelin, a global tyre company, announced on December 6 that they have entered into a definitive agreement for CEAT to acquire Camso brand’s Off-Highway construction ...

CEAT shares reached an all-time high of Rs ... Agriculture tyres and tracks Harvester tyres and tracks Power sports tracks Material handling tyres This strategic move is expected to expand CEAT's ...

Michelin, through this transaction, will exit its operations related to compact line bias tyres and construction tracks. The acquisition aligns with CEAT’s strategic focus on becoming a significant ...

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 ...