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 currently employed
This new business combination should enable Mefro to become Europe's number one wheel manufacturer.
This is an external link and should open in a new window. ERJ is not responsible for the content of external sites.
Mefro website
Press release from Michelin
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
- Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
- Unlimited access to ERJ articles online
- Daily email newsletter – the latest news direct to your inbox
- Access to the ERJ online archive