Michelin completes acquisition of Fenner PLC

Michelin has completed the acquisition of Fenner PLC, a world leader in reinforced polymer technology, for approximately £1.3 billion. The deal was approved by Fenner shareholders on May 16, 2018, and sanctioned by the court on May 25, 2018, becoming effective on May 31, 2018.

“Michelin and Fenner are now pleased to announce that the court order for the Scheme has been delivered to the Registrar of Companies today and, accordingly, the Scheme has become effective in accordance with its terms.”globenewswire.com

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• globenewswire.comMichelin : Michelin Completes the Acquisition of FennerMichelinMay 31, 2018

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