Overview

• CEAT takes over Camso’s compact construction line, including the Midigama tyre and Kotugoda casting facilities in Sri Lanka.
• Global rights to the Camso name will be permanently assigned to CEAT following a three-year licensing period.
• Michelin exits activities tied to compact line bias tyres and construction tracks as part of the transaction.
• CEAT says the integration opens access to more than 40 global OEMs and premium off-highway distributors in Europe and North America.
• The purchase is CEAT’s first acquisition and expands its off-highway portfolio beyond its established agricultural focus.