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Titan International signs definitive agreement to sell ITM business to USCO S.p.A.
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Titan International signs definitive agreement to sell ITM business to USCO S.p.A.
Transaction expected to generate up to approximately $285 million in total cash value WEST CHICAGO, Ill. — Titan International, Inc. (NYSE: TWI) (“Titan” or the “Company”), a leading global manufacturer of off-highway wheels, tires and undercarriage products, today announced that it has entered into a definitive agreement to sell its Italtractor ITM undercarriage business (“ITM”)...
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