Top M&A's in auto industry in 2015
Apollo Tyres - Reifencom for around Rs 323.6 crore
December 07, 2015, 00:03 ISTIn November, Apollo Tyres announced the acquisition of Reifencom GmbH, one of the largest tyre distributors in Germany for Euro 45.6 million or Rs 323.6 crore.
It will enable Apollo to improve its mix of distribution channels in Germany and Europe and aid in increasing the visibility of Apollo and Vredestein tyres in the offline and especially in the fast growing online retail space.
Latest Auto Slideshows
-
Hyundai Tucson
-
Audi's new concept car: An oversized urban EV
-
Kia Carens: A recreational vehicle
-
Ekonk: All you need to know about India’s lightweight electric hypercar
-
Nissan Magnite: B-Segment SUV Concept
-
Audi's first coupe SUV: Audi Q3 Sportback
-
A Peek inside Data-Driven Autonomous Future
-
Financial Analysis of Key Auto Companies (FY09-FY19)
-
Coronavirus impact on auto industry
-
Making of the 2020 Hyundai SUV Creta
-
Quark 1: All you need to know about world's first 'class changing' vehicle
-
Launches and Unveilings at Auto Expo 2020
