The Acquisition Closed At The Price Of Rmb 3.9 Billion! Doublestar And Kumho Tire Cooperate To Create Brilliance On July 6, Doublestar and the Korea Development Bank (KDB) held the trade closing ceremony in Seoul, South Korea. As a result, Doublestar held 45% stake in Kumho Tire for approximately RMB 3.9 billion and officially became its controlling shareholder. Creditors such as KDB will continue to hold 23% of the shares, maintaining the position as the second largest shareholder. So far, this cross-border M&A case, known as the “most tortuous, most magnificent and most bizarre” around the globe, has finally come to a successful conclusion.
Doublestar tire makes its debut at The 17th CITEXPO China International Tire Expo August 19 -21, The 17th CITEXPO opened in Shanghai. This exhibition brings together the best tire enterprises and the best quality tire products in China, providing the most convenient international trade negotiation platform for customers from more than 120 countries. In order to further improve the brand's international influence and visibility, to meet the needs of different regions, different users, with a variety of different products, attracted the attention of many customers, become the focus of the scene.
Doublestar Tire shine 2019 Automechanika Dubai superior quality to show elegant demeanor The 2019 Automechanika Dubai show kicks off at the Dubai world trade center, United Arab Emirates, June 10, 2018. This exhibition is the most influential professional exhibition in the field of automotive aftermarket in the Middle East region, and the best platform to enter the Middle East market. In order to further improve the influence in the Middle East, Doublestar Tire with its many high differentiation, high value-added products appear, become the focus of many customers.