Acquiring Company
Michelin
Acquired Company
Royal Lestari Utama
Clermont-FerrandManufacturingFashionAutomotiveManufacturingAgriculture and FarmingDescription
Michelin's Compagnie Financiere Michelin unit was fined in Indonesia for a three-day delay in notifying the antitrust regulator regarding its acquisition of shares in Royal Lestari Utama. The fine amounted to 1 billion rupiah ($61,500). This incident relates to an acquisition that took place in 2022. Proper notification of regulatory bodies is crucial in such merger transactions.
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Who to call at Michelin, and when
When Michelin changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Michelin raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Michelin, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Royal Lestari Utama?
Royal Lestari Utama was acquired by Michelin, based in Clermont-Ferrand. The deal was reported on June 10, 2025. Michelin is a world-leading manufacturer of life-changing composites and experiences. Michelin is privately held and operates in Manufacturing.
When did Michelin acquire Royal Lestari Utama?
Michelin's acquisition of Royal Lestari Utama was reported on June 10, 2025. Michelin's Compagnie Financiere Michelin unit was fined in Indonesia for a three-day delay in notifying the antitrust regulator regarding its acquisition of shares in Royal Lestari Utama. The fine amounted to 1 billion rupiah ($61,500). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Royal Lestari Utama do?
Royal Lestari Utama is a prominent rubber producer in Indonesia. The company focuses on sustainable rubber production and has a strong commitment to ecological practices. It is privately held, operating in Manufacturing.
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