June 12, 2013, the United States and India, Apollo Tires Cooper Tire & Rubber Company (CTB) jointly announced that they have entered into a definitive merger agreement management, a wholly owned subsidiary of Apollo will be about $ 2.5 billion in cash for Solid platinum.

The merger agreement has been unanimously approved on the boards of the two companies. The agreement stipulates that Cooper's shareholders will receive $35 in cash per share. According to the volume-weighted average closing price of Cooper's stocks in the past 30 trading days, Apollo’s premium on these offers is 40%. According to the news, Cooper's stock rose by more than 41% during the pre-market trading on Wednesday.

The two companies will form the world’s seventh-largest tire company after the merger, with an annual total revenue of approximately US$6.6 billion.

Indian Apollo Tire Co., Ltd. was established in 1972. It is the largest tire company in India and headquartered in Gurgaon. It is engaged in tire manufacturing and sales. Through many years of development company footprint has spread all over the world. The company has production bases in Asia, Europe and Africa, has 9 state-of-the-art production lines, and exports more than 118 countries. Its main brands include: Apollo, Dunlop (brand is the rights of 32 African countries) and Vredestein. The company offers a comprehensive branded product portfolio that includes passenger car tires, light truck tires, truck tires, bus tires, off-road bicycle tires, and retreaded tires.

Cooper Tire & Rubber Company is a well-known American tire manufacturer and was established in 1914 in Akron, Ohio, USA. The company’s main products are tires for cars and large trucks, while its subsidiaries specialize in the production of mid-trucks and locomotives (especially for sports) tires. When the company landed in Normandy, it made land-and-vehicle tires and landing craft for the US military. Currently, Cooper Tire has more than 60 manufacturing plants, sales centers, and research and development centers throughout the world.

Cooper Tire also owns another brand, Avon Tyres, which specializes in the production of tires for automobiles, motorcycles and sports. For US-based tire manufacturers, Uniroyal Goodrich, the predecessor of American Rubber, has been acquired by Michelin in France, and Firestone has also become the American subsidiary of Bridgestone Japan. , leaving Cooper Tire and Goodyear is the only locally listed tire factory.

Hydraulic piston motor A2F160

Piston Pump,Hydraulic Piston Pump,High Pressure Pump

Changzhou Chaoli Homogenizing Pump Factory , http://www.clhomogenizer.com