US-based Titan International, manufacturer of off-highway wheels, tyres, assemblies, and undercarriage products, has announced the acquisition of Carlstar Group for approximately US$296 million in a transaction consisting of cash and stock, which closed recently, subject to completion of the wire…
Tag: tyre maker
Tafnet buys Uzbek tyre maker Birinchi
Russian oil company Tatneft has signed an agreement with Uzkimyosanoat and Uzkimyoimpex recently to buy 100% shares of tyre producer Birinchi Rezinotexnika Zavodi (BRZ). Terms of the deal were not disclosed. It was reported earlier that an agreement on the…