TITLE

Apollo adds Vredestein Banden

AUTHOR(S)
Davis, Bruce
PUB. DATE
June 2009
SOURCE
Rubber & Plastics News;6/1/2009, Vol. 38 Issue 22, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that India's Apollo Tyres Ltd. Has acquired Dutch tire maker Vredestein Banden BV. from bankrupt Dutch-Russian holding company Amtel-Vredestein N.V. for an undisclosed sum. The deal will add about $450 million to Apollo's annual sales and give the India-based tire maker a key entree to the European marketplace.
ACCESSION #
42869944

 

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