{
Anant Goenka

People

}
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001122334455554433221100

Ceat Acquires Camso Boosting Stock and Expanding into Premium Markets

Ceat's acquisition of the Camso brand has boosted its stock by 10%, with Vice Chairman Anant Goenka highlighting the premium quality of the brand as a key advantage. This deal enhances Ceat's position in export markets, providing access to over 40 OEMs and 200 distributors in the high-end segment. The company plans to finance the acquisition with 30% equity and 70% debt, paving the way for entry into the compact construction equipment market and the sale of conveyor belt tracks over the next three years.
Moneycontrol
United States Dollar Camso CEAT Limited IND Anant Goenka
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07:05 09.12.2024
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