Michelin: finalises acquisition of Camso
(CercleFinance.com) - Michelin finalised the acquisition of camso on Tuesday at a cost of 1.
36 billion dollars.
Camso is a world leader in the markets for caterpillar tracks for agricultural machinery and snowmobiles. The company currently generates revenues of 1 billion dollars.
"As world leader, the new entity will represent more than double the net sales of Camso, supported by 26 plants and approximately 12,000 employees and will benefit from sustainably dynamic markets."
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