Michelin completes the acquisition of Tex Tech Industries and reinforces its Polymer Composite Solutions business

About this update from Cie Generale Des Etablissements Michelin Sa

                                                                             Clermont-Ferrand, July 1st, 2026 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Michelin completes the acquisition of Tex Tech Industries and reinforces its Polymer Composite Solutions business Founded in 1904, in Maine (USA), Tex Tech Industries is a premier designer and manufacturer of textile products and specialized coated fabrics for a wide range of industries and niche applications. The company has created solutions for some of the most demanding applications including Thermal Protection Systems (TPS) for space vehicles, fuselage burn-resistant aircraft materials, aircraft seat fire-blocking textiles, and custom fabrics for composite applications. The company employs 300 people and operates six factories (five in the USA and one in the United Kingdom). In 2025 Tex Tech reported revenue of $128 million. Contact details DISCLAIMER This press release is not an offer to purchase or a solicitation to recommend the purchase of Michelin shares. To obtain more detailed information on Michelin, please consult the documents filed in France with the Autorité des Marchés Financiers, which are also available from the michelin.com website.This press release may contain a number of forward-looking statements. Although the Company believes that these statements are based on reasonable assumptions at the time of publishing this document, they are by nature subject to risks and contingencies liable to translate into a difference between actual data and the forecasts made or inferred by these statements. Attachment

View stock analysis, news, and events for Cie Generale Des Etablissements Michelin Sa