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Michelin to acquire Flex Composites Group in $764 million transaction - Vimarsana News

Michelin to acquire Flex Composites Group in $764 million transaction

Michelin is looking "to become a global leader in high-tech engineered fabrics and films" with the pending purchase of Paris-based Flex Composite Group.

Michelin to acquire Flex Composites Group in $764 million transaction - Vimarsana News

Michelin to acquire Flex Composites Group in $764 million transaction

Michelin is looking "to become a global leader in high-tech engineered fabrics and films" with the pending purchase of Paris-based Flex Composite Group.

Michelin announces the acquisition of Flex Composite Group to create a leader in high-tech engineered fabrics and films - Vimarsana News

Michelin announces the acquisition of Flex Composite Group to create a leader in high-tech engineered fabrics and films

Mumbai: Michelin and IDI announce today they have reached an agreement on the terms by which Michelin would acquire 100% of Flex Composite Group (FCG) for an enterprise value of €700 million. FCG is a European leader in engineered fabrics and films w

Michelin to acquire Flex Composite Group for EUR 700 m, Auto News, ET Auto - Vimarsana News

Michelin to acquire Flex Composite Group for EUR 700 m, Auto News, ET Auto

In perfect alignment with Michelin in Motion 2030 strategy, this acquisition would enable Michelin and FCG to create a leader in high-tech engineered fabrics and films.

Michelin acquires Flex Composite Group for $760m - Vimarsana News

Michelin acquires Flex Composite Group for $760m

Michelin and IDI have reached an agreement on the terms by which Michelin would acquire 100% of Flex Composite Group (FCG) for an enterprise value of AED2.8 billion ($760 million).