CEAT shares rallied over 12% after the tyre maker announced the acquisition of Camso's Off-highway Tyres (OHT) and tracks business for Rs 1,905 crore. The acquisition is expected to boost CEAT's ...
CEAT looks to expand into higher-margin tyres at a time when elevated rubber prices have eaten into its profits. "CEAT and Michelin announce that they have entered into a definitive agreement for ...
incorporated in the year 1958, is a Mid Cap company (having a market cap of Rs 12,887.60 Crore) operating in Tyres sector. Ceat Ltd. key Products/Revenue Segments include Automobile Tubes, Other ...
Ceat Ltd. expects its new acquisition of Camso Inc's off-highway construction equipment tyres and tracks business will offer a major boost to its revenue and margins, Chief Financial Officer Kumar ...
Michelin had in 2018 acquired the brand for nearly USD 1.5 billion. "The Camso brand is an excellent fit with the growth strategy of Ceat's off-highway tyre business, thereby improving our margin ...
Both Michelin and Ceat will work together to implement appropriate measures for all 1,587 employees of the sold division. RPG Group flagship firm Ceat has signed a definitive agreement to acquire ...
Shares of tyre manufacturer CEAT jumped over 7% on Monday after the company signed a definitive agreement with the Michelin Group to acquire Camso Brand. CEAT will acquire Camso Brand's off-highway ...
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 ...
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