CEAT completes acquisition of CAMSO off-highway business

CEAT Limited announced the completion of its acquisition of Michelin Group's CAMSO brand's Off-Highway construction equipment tyre and tracks business as of September 1, 2025. This strategic move includes the acquisition of Sri Lanka-based Midigama and Kotugoda plants and grants CEAT global ownership of the CAMSO brand after a three-year licensing period.

The acquisition aligns with CEAT's vision to become a global leader in Off-Highway mobility. It provides access to over 40 global OEMs and premium international OHT distributors, leveraging CAMSO's equity in EU and North America. CEAT further committed to a $171m investment in Sri Lanka, safeguarding 1,483 jobs and reinforcing the nation's role as a global OHT hub.

This integration strengthens CEAT's product portfolio and market reach, enabling expansion into new geographies and driving sustainable growth in the compact construction equipment segment.