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Michelin (/ ˈ m ɪ ʃ É™l ɪ n, ˈ m ɪ tʃ É™l ɪ n / MISH-É™l-in, MITCH-É™l-in, French:), in full Compagnie Générale des Établissements Michelin SCA ("General Company of the Michelin Enterprises P.L.S."), is a French multinational tyre manufacturing company based in Clermont-Ferrand in the Auvergne-Rhône-Alpes région of France.
The company came into existence when the tyre plant OZOS „Stomil”, founded in 1967, was privatized in 1992. In 1995, Michelin acquired the majority share in Stomil. [2] From 1995 to May 28, 2004, Stomil was quoted at the Warsaw Stock Exchange. In 2005, Michelin gained full control of Stomil and renamed it to 'Michelin Polska S.A.'. [1]
Tire Manufacturers and Companies Company Country Found. Brands Aeolus [1] China: 1965 Aeolus Apollo Tyres India: 1972 Apollo, [2] Apollo Tyres South Africa, [a] Bearway, [3] Kaizen, Maloya, Regal, Vredestein: Birla Tyres India: 1991 Birla Tyre [4] Belshina Belarus: 1965 Belshina [5] Bridgestone Japan: 1931
ATS Euromaster Ltd. is the British affiliate of the European tyre service provider Euromaster, which is a subsidiary of the tyre manufacturer Michelin. ATS Euromaster was established in 1965, and has a network of service centres throughout the United Kingdom.
In March 2018, French tyre maker, Michelin, launched a bid to buy the company for £1.3 billion. [5] The acquisition was completed in May 2018. [6] Operations.
In 1959, the Automotive tyre factory was founded. In 2007, the French company Michelin became a major shareholder of the company. [2] In February 2008, Michelin bought the remaining shares of Tigar Tyres for $47 million. With this acquisition, Michelin would become 100 percent owner of the company by 2010. [3]
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