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Chengshan forms new JV with investment group

Author: Andrew Bogie Comments: 0
Prinx Chenshan is the new joint venture formed on 1 December following the sale of Cooper Tire’s 65 per cent share in Cooper Chengshan, featured at Reifen China 2014

Prinx Chengshan (Shandong) Tire Company Ltd has succeeded Cooper Tire’s joint venture with Chengshan. The previous JV was dissolved when Cooper closed the sale of its 65 per cent share to Chengshan Group Company Ltd on 1 December. Unveiled at Reifen China 2014 in Shanghai, the new joint venture has been formed with Prairie Investment Company.

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