Michelin to acquire Trk.

Michelin, a tyre supplier and service provider, agreed to acquire Trk, a fleet management services provider. Financial terms were not disclosed. "The acquisition of Trk will allow Michelin Connected Fleet to enrich its services and solutions connected to fleets in Europe and to innovate further in the tire sector, especially in Italy, a market with great potential," Gilson Santiago, Michelin Managing Director.