Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
web
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • ITEC
    • Automotive
    • Tire
    • Non-Tire
    • Suppliers
    • Silicone
    • Latex
    • Coronavirus
    • Executive Action
    • Government/Legal
    • Opinion
    • Technical Notebooks
    • International Elastomer Show
    • Women in Tire & Rubber
    • HEXPOL Sponsored Content
    • Goodyear recognized by Lockheed Martin as 'elite supplier'
      EV tire advancements to help secure future
      Lambillotte: Only question on AVs is timing
      CAR official says EV future brighter than autonomous
    • Goodyear to install dynamic driving simulator at Luxembourg site
      Nokian Tyres to add up to 150 jobs at Dayton, Tenn., factory
      Biden signs executive order, prioritizes U.S.-made EVs, PPE
      Conti starts production of ‘HL' load index tires for select OE customers
    • Order takes Michelin-Enviro partnership a step closer
      Goodyear to install dynamic driving simulator at Luxembourg site
      Nokian Tyres to add up to 150 jobs at Dayton, Tenn., factory
      Conti starts production of ‘HL' load index tires for select OE customers
    • NewAge Industries promotes two from within
      EnergyEne gets grant to focus on guayule latex
      DuPont investing in Liveo line of silicone products
      A change at the top for Stockwell Elastomerics
    • NuSil's high-purity silicones are taking off
      Audia Elastomers launches new range of sustainable TPEs
      Order takes Michelin-Enviro partnership a step closer
      Phillips Carbon Black expanding capacity at site in India
    • NuSil's high-purity silicones are taking off
      NewAge Industries promotes two from within
      Rubber Division scholarships, stipends available
      DuPont investing in Liveo line of silicone products
    • WCCO task force navigates pandemic, expands communications
      ASTM cancels April meetings as COVID-19 continues impact
      Paycheck Protection Program funding reopens Jan. 15
      Detroit Auto Show canceled; alternative event being planned for September
    • NewAge Industries promotes two from within
      A change at the top for Stockwell Elastomerics
      Angelos Papadimitriou to leave position with Pirelli after six months on job
      Tero Peltomaki named Cimcorp CEO
    • Biden signs executive order, prioritizes U.S.-made EVs, PPE
      ITC votes to keep duties in place on China P/LT tire imports
      Hwa Fong joins Taiwan tire makers' bid for alternative to import duties
      NLRB certifies USW as bargaining unit for Kumho Tire plant in Georgia
    • Editorial: Against a backdrop of turmoil, M&A deals give glimpse of normalcy
      Column: Pandemic looms over everything in life, business in 2020
      Column: Lessons from the 2020 Best Places to Work
      Editorial: Silicone hit hard by pandemic, expected to bounce back
    • Advancements in synchronous drive belt design for industrial and consumer markets
      Effects of multiple repurposed materials for reinforcements of standard rubber compounds
      Impact of peroxide blends on the cure rate and aged properties in HNBR
      Techniques to detect long chain branching in polymers
    • Rubber Division seeks abstracts for 200th Technical Meeting
      WORD panelists say evolution, authenticity keys to success
      IEC keynote: Communication key to logistics
      IEC speaker: Specialized elastomers may reduce spread of life-threatening pathogens
    • WORD panelists say evolution, authenticity keys to success
      New video celebrates women in rubber industry
      ITEC panelists say women can thrive in tire industry
      Rubber Division planning second Women of Rubber event
    • Sponsored By HEXPOL Compounding
      Faster Access to Your Polymer Compounding Experts Around the World
      Sponsored By HEXPOL Compounding
      Take a walk thru a HEXPOL Lab
      Sponsored By HEXPOL Compounding
      HEXPOL offers a unique selection of High Performance Elastomers to match your application requirements
      Sponsored By HEXPOL Compounding
      It’s what you can’t see that makes the Difference at HEXPOL
  • Blogs
    • Products
    • Wacky World of Rubber
    • New Products: Nova thinks outside the box with sealing tech
      New Products: MonTech introduces 1,500 kN lab press
      New products: 3M introduces new durable, pliable medical adhesive
      New Products: Lanxess launches energy-efficient PU elastomer
    • Wacky World of Rubber: How Trelleborg, teens sealed a spot in the world record book
      Wacky World of Rubber: Of chicken and feet, but not chicken feet
      Wacky World of Rubber: Time to go mattress shopping
      Wacky World of Rubber: Because nothing says football like 'frunk' shrimp
  • Newsletters
    • Rubber in Automotive
    • Silicone News
    • Latex News
    • Sign Up for Newsletters
    • Goodyear to install dynamic driving simulator at Luxembourg site
      Nokian Tyres to add up to 150 jobs at Dayton, Tenn., factory
      Biden signs executive order, prioritizes U.S.-made EVs, PPE
      Conti starts production of ‘HL' load index tires for select OE customers
    • NuSil's high-purity silicones are taking off
      NewAge Industries promotes two from within
      Rubber Division scholarships, stipends available
      DuPont investing in Liveo line of silicone products
    • EnergyEne gets grant to focus on guayule latex
      Rubber Division scholarships, stipends available
      Bridgestone bets on guayule as alternative natural rubber source
      Synthomer CEO MacLean to step down by early 2022
  • Multimedia
    • Videos
    • Photo Galleries
  • Directory
  • Resources
    • Classifieds & Mold Mart
    • Sponsored Content
    • White Papers
    • Sponsored By HB Chemical
      The Company Behind the Inventory
      Sponsored By French Oil Mill Machinery
      Process Improvement, Cost Reduction with Custom Press Systems
    • Sponsored By Uncountable Inc.
      Cooper Standard deploys lab informatics platform to synchronize R&D
      Sponsored By Elkem
      LSR Select™: A solution to improve your financial impact in molding applications
      Sponsored By HEXPOL Compounding
      Understanding and Selecting Performance Additives for Rubber Compounding
      Sponsored By HEXPOL Compounding
      Peroxide Cureable Silicone Injection Molding
  • Data
  • Events
    • RPN Events
    • RPN Livestreams/Webinars
    • Industry Events
    • Past Events
    • ITEC Library
    • International Silicone Conference Library
    • 2021 Healthcare Elastomers Virtual Edition
      2021 Rubber in Automotive Virtual Edition
      2022 ITEC
  • Advertise
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
April 14, 2015 02:00 AM

Michelin buys stake in online tire retailer

European Rubber Journal Report
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    CLERMONT-FERRAND, France—Michelin has acquired a 40 percent stake in Allopneus S.A.S., a French internet tire retailer, for about $64 million.

    Based in Aix-en-Provence, Michelin said Allopneus sold some 3 million tires in France in 2014 and now accounts for 7 percent of the French market.

    According to Michelin, one in two motorists intending to buy new tires seeks detailed information in the weeks preceding the purchase.

    “In France, three out of four consumers seek this information online and currently 13 percent of them will make their actual purchase online,” it added.

    By building a strategic partnership with Allopneus, Michelin said it aims to expand its online range and extend its commercial presence.

    “The Michelin Group will become more adept at dealing with the different modes of online and offline searches and purchases, thereby pursuing its strategy to improve the services offered to customers,” the firm said.

    Michelin CEO Jean-Dominique Senard said that the growth of the company meant they understood the market in detail, “so as to anticipate and satisfy the needs of our customers.”

    This shareholding is subject to validation from the French Competition Authority.

    Related Articles
    Michelin settles with Sudduth Tire
    Michelin develops special tire for Audi R8
    Michelin scores best in magazine's annual report
    Michelin executive to deliver Rubber Division keynote
    Michelin, RMA call for U.S. standards on rolling resistance
    Michelin offers soil compaction reduction tips
    Letter
    to the
    Editor

    Rubber & Plastics News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber & Plastics News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber & Plastics News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    web
    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Contact the Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Plastics News China
    • Urethanes Technology
    • Automotive News
    • Crain Brands
    Copyright © 1996-2021. Crain Communications, Inc. All Rights Reserved.
    • News
      • ITEC
      • Automotive
      • Tire
      • Non-Tire
      • Suppliers
      • Silicone
      • Latex
      • Coronavirus
      • Executive Action
      • Government/Legal
      • Opinion
      • Technical Notebooks
      • International Elastomer Show
      • Women in Tire & Rubber
      • HEXPOL Sponsored Content
    • Blogs
      • Products
      • Wacky World of Rubber
    • Newsletters
      • Rubber in Automotive
      • Silicone News
      • Latex News
      • Sign Up for Newsletters
    • Multimedia
      • Videos
      • Photo Galleries
    • Directory
    • Resources
      • Classifieds & Mold Mart
      • Sponsored Content
      • White Papers
    • Data
    • Events
      • RPN Events
      • RPN Livestreams/Webinars
      • Industry Events
      • Past Events
      • ITEC Library
      • International Silicone Conference Library
    • Advertise
    • DIGITAL EDITION