Michelin invests in TyreCheck provider
The Irish Independent reports Michelin has acquired an interest in Irish firm Async Technologies, Ltd., provider of the TyreCheck range of hardware and software solutions, for 2 million euros. The newspaper writes that new filings with Ireland’s Companies Registration Office show Async Technologies to have recently finalised a 2 million euro investment from the French tyre maker, who received 27,185 Async shares in return. The Irish Independent notes that these shares, valued at 74.57 euros each, give Michelin a “significant stake” in Async Technologies.