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Announced

Completed

Michelin completed the acquisition of RoadBotics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Single Bidder

Acquisition

software company

Software

Private

United States

Majority

Completed

Friendly

Synopsis

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Michelin, a French multinational tyre manufacturing company, completed the acquisition of RoadBotics, a software company. Financial terms were not disclosed. "The acquisition of RoadBotics will allow Michelin to enhance its offer in the field of data intelligence, for safer mobility," Lorraine Frega, Michelin Distribution, Services & Solutions, Strategy, Innovation & Partnerships, Member of the Group Executive Committee.

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