At the start of the month, Ceat Limited finalised its US$225 million acquisition of Camso’s off-highway construction equipment bias tyre and rubber track business from Michelin. Not only does this provide Ceat with a globally recognised brand and two manufacturing facilities, it also opens the door to original equipment manufacturers and premium distributors in the off-highway tyre sector. The Indian firm’s team recently shared details about their plans with Camso.
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