Tag: Cavendish Industries
M&A Tyres

JK Tyre completes merger of Cavendish Industries

JK Tyre & Industries Ltd., one of India’s leading tyre manufacturers, has announced the successful completion of the merger of Cavendish Industries Ltd. (Cavendish), its subsidiary with JK Tyre & Industries Ltd.  Cavendish was acquired by JK Tyre in 2016 from Kesoram Industries Ltd. Cavendish primarily had manufacturing capacity of truck/ bus radial, truck/bus bias […]
Tyres

JK Tyre ties up with IFC for Sustainability-Linked Loan

International Finance Corporation (IFC) has sanctioned a $100 million Sustainability-Linked Loan (SLL) to JK Tyre, a leading Indian tyre manufacturer with a global presence. The funding includes $30 million to JK Tyre & Industries Limited and up to $70 million for Cavendish Industries Limited (CIL), a subsidiary of JK Tyre. JK Tyre is a flagship […]