Michelin, Sumitomo Corporation to pool tyre wholesale resources in USA & Mexico

4th January 2018 | 0 Comments

With the creation of a 50-50 joint venture, Michelin North America Inc. says it and Sumitomo Corporation of Americas will form the second-largest player in the United States’ wholesale tyre market. The two companies have entered into a definitive agreement to combine their respective North American replacement tyre distribution and related service operations. The transaction is subject to customary approvals.

The rest of this article is for subscribers only:
Log inSubscribe

Tags: , , , , , , ,

Category: Company News, International News

Buy subscriptions, premium industry reports, and business directory entries in our shop. | Dismiss

[ + ]