Michelin and Camso’s main shareholders are in exclusive discussion

2018/07/12 9:40AM

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.