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Michelin acquires Indonesian tire manufacturer Multistrada 

Michelin announced that it has signed an agreement to acquire 80% of PT Multistrada Arah Sarana TBK ("Multistrada"), a tire manufacturer based in Indonesia. With a production capacity of more than 180 thousand Tons (11 million Passenger car tires, 9 million Two-wheel tires and 250 thousand Truck tires), Michelin will....

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