Titan Europe plc has raised approximately $60 million in gross revenues, following its launch on London’s AIM stock exchange. Titan International, a supplier of large wheels and tyres for the earthmoving and other businesses, will retain approximately 30 percent of the shares. The shares started trading at 08:00 London time today, 7 April.
The company said in a prepared statement, “Mike Akers has been named president and CEO of Titan Europe Plc. Akers has been instrumental in the formation of Titan’s European operations since 1989….