India: JK Tyre completes $330m Cavendish Industries acquisition

India: JK Tyre completes $330m Cavendish Industries acquisition

Visual from Mint.

JK Tyre and Industries Ltd on Monday said that it had completed the acquisition of tyre, tube and flap maker Cavendish Industries, a unit of Kesoram Industries Ltd, for Rs.2,195 crore. Kesoram Industries is a B.K. Birla Group company.

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