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You are here: Home1 / News2 / Company News3 / ATU: Mobivia acquires Michelin’s minority shareholding

ATU: Mobivia acquires Michelin’s minority shareholding

Date: 18th January 2023 Author: Stephen Goodchild Comments: 0
To date, neither Michelin nor Mobivia have commented on the transaction (Photo: ATU)

Five years ago, Michelin purchased a 20 per cent stake in German automotive parts and servicing network ATU for 60 million euros. The French tyre maker has now confirmed that majority shareholder, France’s Mobivia Group, will acquire the minority stake from Michelin “in the next few days” and thus become the retail chain’s sole owner

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Related news:

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  2. Michelin to buy Germany’s largest tyre wholesaler
  3. Mobivia Groupe to acquire ATU
  4. Will rent price discord torpedo A.T.U. acquisition?
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Anish K Taneja, ATU, featured, Germany, Michelin, Mobivia

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