MUMBAI, Jan 30 (Reuters) - India's Apollo Tyres Ltd. said on Monday its board had approved the acquisition of South Africa's Dunlop Tyres International Ltd. for about 2.85 billion rupees ($65 million). Dunlop Tyres has South African plants in Durban and Ladysmith, each having a capacity of 25,000 tons a year. Apollo will also get control of Dunlop subsidiaries in Zimbabwe and the United Kingdom, Apollo said in a statement. The purchase will provide access to the European and African ...
Premium Content (PAID Subscription Required)
"India's Apollo to pay $65 mln in Dunlop deal" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642