According to reports, according to two sources, Apollo Tire India is preparing to acquire Cooper Tire & Rubber Co., Ltd., and the amount involved will reach 600-800 million U.S. dollars. Two sources recently revealed that Apollo Tire is about to acquire Cooper Tire & Rubber Co., Ltd. India’s “Economic Times†recently tried to interview the two companies, but neither company has responded to this. According to sources, the current market value of Cooper Tire & Rubber Co., Ltd. is US$1.2 billion. Apollo Tire's successful acquisition of Cooper Tire & Rubber will enable it to enter the US tire market and obtain the latter in the passenger car, light and medium truck market. 2.15% replacement tire market share. Apollo Tire acquired Dunlop South Africa and Vredestein in 2006 and 2009 respectively. In fiscal year 2011-2012, the company’s sales and net profit were Rs. With 40.9 billion rupees, its debt is about 25.49 billion rupees. Auto winding machine is specially designed for Medium and small distribution transformer, instrument transformer and capacitors` coil winding, etc. Automatic Winding Machine,Auto Coil Winding Machine,Automatic Wire Winding Machine,Hight Voltage Winding Machine JINAN EURO-ASIA MACHINERY CO., LTD , https://www.sdwindingmachine.com
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