NewsWorldMichelin takes 100% control of Allopneus - Boursorama

Michelin takes 100% control of Allopneus – Boursorama

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MICHELIN TAKES 100% CONTROL OF ALLOPNEUS

PARIS (Reuters) – Michelin announced in a press release on Wednesday that it had acquired all of the capital of Allopneus, in which it had held 40% since 2015.

With the takeover of the French leader in the sale and assembly of tires for individuals on the Internet, the Clermont-Ferrand group is strengthening its position in online commerce.

The amount of the transaction was not specified.

(Written by Myriam Rivet, edited by Blandine Hénault)

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