Tire maker Michelin acquires Camso

Jul 16, 2018 (LBO) – Michelin, a tire company  has acquired Camso, an off-the-road (OTR) track and tire company, for US 1.45 billion dollars. The two companies’ off-the-road operations will be combined and create a new division managed in Magog, Quebec (Canada).A press statement claims, “The strategic partnership makes the newly created entity the world leader […]