Michelin is in exclusive discussion with Camso Group’s main shareholders for the acquisition of all outstanding shares of this Group based in Quebec, Canada.
Camso Group is a major player in the off-the-road market for certain types of tires and tracks.
According to the outcome of the discussions, a detailed communication will be made in due time. Assuming a successful conclusion, the agreement would be submitted to the proper authorities.
In accordance with EU regulation no. 596/2014, we hereby inform you that this press release may contain inside information.