Michelin and Camso’s main shareholders are in exclusive discussion
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.