French tiremaker Michelin acquires Indonesian peer Multistrada for $439m

Traffic moves along a road during rush hour at dusk in Bandung, West Java province, Indonesia, on Monday, April 27, 2015. Photographer: Dimas Ardian/Bloomberg

Ardi Wirdana

06 February, 2019

Michelin Multistrada Arah Sarana

Printed by Unregistered user on Fri, 12 Dec 2025 11:55:43 GMT

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French tiremaker Michelin acquires Indonesian peer Multistrada for $439m

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French tiremaker Michelin acquires Indonesian peer Multistrada for $439m

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Read more from Indonesia

Data Vantage: Penguin Securities, Airwallex in focus and other updates

Kredivo said to bag $100m+ led by Mizuho to give partial exits to early backers