UPDATE 1-Amtel-Vredestein says buying Moscow Tyre Plant

Newswire

(Adds details) MOSCOW, July 26 (Reuters) - Amtel-Vredestein N.V. , Europe's fourth-largest tyre producer, will acquire the recently modernised facilities of the Moscow Tyre Plant in a deal the company said on Wednesday could add up to $82 million in sales. The Russian-Dutch company did not disclose how much the acquisition would cost. "Working at full capacity, the Moscow Tyre Plant could bring Amtel $66-82 million a year in added sales," the company said in a statement. It added the ...

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Jul 26, 2016
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