Michelin sells wheel businesses to Mefro

Paris–Michelin is planning to transfer its wheel business to the German company Mefro, a specialist in the field. Michelin’s Wheel Business includes four distinct subsidiaries: “MRF” (Michelin Roues France), based in Troyes, “MKW” (Michelin Kronprinz Werke), based in Solingen in Germany, Tekersan, a Turkish company based in Bilecik and the Essen-based German distributor, Berger.

Michelin said the plan to transfer this business to Mefro Group, if completed, is conducted with a view to maintaining site operations as well as the employment terms for all 1800 staff…

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