Jul 12, 2021

Michelin regains 20% share of Scandinavian Enviro Systems

Michelin again holds a 20% share in Scandinavian Enviro Systems, following the dilution of its holding in May due to the completed new issue.

Via a directed issue carried out in April 2020, Michelin acquired, via its subsidiary Michelin Ventures SAS, 20% of shares in Scandinavian Enviro Systems, making it the largest owner of the Scandinavian company.

Source: Tire Technology International

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