Michelin takes 100% control of Allopneus – Boursorama

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)