Michelin Reaches Deal in Brazil

Kristen joined Tire Review in 2013. The 2009 graduate of the E.W. Scripps School of Journalism at Ohio University, with a degree in magazine journalism and a minor in political science, brings a wealth of experience from assignments as digital media specialist at Little Rock Air Force Base, publicist at Vance Air Force Base and stints as a contributing writer with both the Toledo Free Press and Southeast Ohio Magazine.

Published: June 18, 2014

Michelin announced that it has finalized a deal to acquire Sascar, a Brazilian fleet-tracking and freight-security company, for about $717 million.

The acquisition would enable Michelin to expand its service offerings and accelerate the growth of its truck tire business in Brazil, said the company.

“Michelin will benefit from the client base and technical and marketing skills built up by Sascar in the rapidly expanding telematics market for professional truck fleets and thereby accelerate the development of services for its customers worldwide,” said Jean-Dominique Senard, Michelin Group CEO.

Michelin will take on $111 million in debt in the acquisition, which is valued at about $606 million.

BKT celebrates International Day of Sport for Development and Peace

BKT said it has made an effort to show a commitment to supporting sports through multiple initiatives, partnerships and sponsorships.

By Christian Hinton

Published: May 1, 2024

During International Day of Sport for Development and Peace on April 6, BKT highlighted the role of sport as a catalyst for social inclusion, health and well-being. Over the years, BKT said it has made an effort to show a commitment to supporting sports through multiple initiatives, partnerships and sponsorships.