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Michelin

Michelin

Michelin is a French tire company founded in 1889 by André Michelin.

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Michelin is a company producing, distributing, and selling tires. It provides tires and services for different kinds of vehicles, like airplanes, automobiles, bicycles and motorcycles, earthmovers, farm equipment, and trucks. The company also offers digital mobility support services and publishes travel guides, hotel and restaurant guides, maps, and road atlases. Headquartered in Clermont-Ferrand, France, Michelin has presence in about 170 countries and operates sixty-seven production plants in seventeen various countries. The company has a technology center in charge of research and development, with operations in Europe, North America, and Asia.

History

Established in 1889 by the Michelin brothers, André and Édouard, the company produced tires for bicycles and horse-drawn carriages before venturing into pneumatic tires for automobiles in the 1890s. To portray that demountable pneumatic tires could be used on motor vehicles, the brothers equipped a car with such tires fastened onto the rims by bolts, entered the vehicle, and drove it in the 1895 Paris–Bordeaux road race. They did not win the race; still, they created interest in pneumatic tires.

The Michelin company became a main manufacturer of tires in Europe. In 1948, the company introduced steel-belted radial tires. It established a foreign plant at Turin, Italy, in 1906 and operates facilities in different countries. Reorganized as a holding company in 1951, Michelin had interests in tires, other rubber products, as well as synthetic rubber. The company also publishes an international series of travel guides referred to as Michelin guides and a series of road maps. The guides were introduced by André Michelin, whose objective was to promote tourism by car and support his tire industry in that vein.

Timeline

February 25, 2021
Michelin launches its first Pilot Sport EV Tire for Electric Sports Vehicles.
February 1, 2021
Michelin Launches 30 New CrossClimate2 Tire Sizes
December 19, 2018
Michelin completes the acquisition of Camso.
November 14, 2007
Michelin raises a $46,000,000 series D round from Founders Fund, New Enterprise Associates, Oak Investment Partners, Revolution Ventures and Western Technology Investment.

Funding Rounds

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Products

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Invested in

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Patents

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Further Resources

Title
Author
Link
Type
Date

About Michelin :: Michelin North America, Inc.

https://michelinmedia.com/about/

Web

Michelin | 2021 Annual results

https://www.youtube.com/watch?v=phhqCdtCPxw

Web

February 15, 2022

Michelin Man Tyre Tire Advert Commercial Australia

https://www.youtube.com/watch?v=0NON1OVg4Uc

Web

May 1, 2015

Michelin Motion for Life

https://www.youtube.com/watch?v=ZrfYqHwHHsw

Web

January 17, 2022

Michelin Stars The Madness of Perfection

https://www.youtube.com/watch?v=0f-j1ctaQqw

Web

June 6, 2012

References

michelin.com
Is a
Organization
Organization
Investor
Investor
Company
Company

Company attributes

Industry
Automotive industry
Automotive industry
Fuel cell
Fuel cell
Hydrogen power
Hydrogen power
Clean technology
Clean technology
Location
Clermont-Ferrand
Clermont-Ferrand
France
France
Auvergne-Rhône-Alpes
Auvergne-Rhône-Alpes
B2X
B2C
B2C
CEO
Florent Menegaux
Florent Menegaux
Founder
Édouard Michelin (industrialist)
Édouard Michelin (industrialist)
André Michelin
André Michelin
Pitchbook URL
pitchbook.com/profiles.../51532-48
Subsidiary
‌
ViaMichelin
Aliapur
Aliapur
BFGoodrich
BFGoodrich
ATS Euromaster
ATS Euromaster
‌
Tigar Tyres
Camso
Camso
Legal classification
‌
Partnership limited by shares
‌
Société par actions simplifiée
Number of Employees (Ranges)
10,000 – 49,999
Number of Employees
124,760
Full Address
Place des Carmes Déchaux Clermont-Ferrand, Auvergne-Rhône-Alpes, FR
Investors
Founders Fund
Founders Fund
NEA (New Enterprise Associates)
NEA (New Enterprise Associates)
Revolution Ventures
Revolution Ventures
Western Technology Investment
Western Technology Investment
Oak Investment Partners
Oak Investment Partners
Founded Date
January 1, 1889
Phone Number
+33-4-73-32-20-00
+33473322000
Total Funding Amount (USD)
46,000,000
Latest Funding Round Date
November 14, 2007
Competitors
Dunlop Tyres
Dunlop Tyres
The Goodyear Tire & Rubber Company
The Goodyear Tire & Rubber Company
Hankook Tire & Technology Co
Hankook Tire & Technology Co
Continental
Continental
Yokohama Tire (company)
Yokohama Tire (company)
Trelleborg (company)
Trelleborg (company)
Bridgestone
Bridgestone
Black bear
Black bear
...
Stock Symbol
ML
ML.PA
Exchange
Euronext
Euronext
Glassdoor ID
3294
Former CEO
Jean-Dominique Senard
Jean-Dominique Senard
Key People
Florent Menegaux
Florent Menegaux
Scott Clark (entrepreneur)
Scott Clark (entrepreneur)
Yves Chapot
Yves Chapot
Bénédicte De Bonnechose
Bénédicte De Bonnechose
Adeline Challon-Kemoun
Adeline Challon-Kemoun
Lorraine Frega
Lorraine Frega
Serge Lafon
Serge Lafon
Jean-Christophe Guérin
Jean-Christophe Guérin
...
Latest Funding Type
Series D round
Series D round
NAICS Code
326,211
CAGE Code
0A1K8
Patents Assigned (Count)
1
Legal Entity Identifier
549300U45EBW2GJV2X93
Motto/Tagline
A better way forward

Other attributes

Country
France
France
Headquarters
Clermont-Ferrand
Clermont-Ferrand
Wikidata ID
Q151107
Company Operating Status
Active
Named After
André Michelin
André Michelin
Édouard Michelin (industrialist)
Édouard Michelin (industrialist)
Ticker Symbol
ML.PA
Child Industry
‌
Road transport
Transportation
Transportation
Public/Private
Public
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