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Pirelli sells Venezuelan tire plant

Tire Business reports that Pirelli & C. S.p.A. has “disposed” its tire plant in Guacara, Venezuela, to a consortium of South American entrepreneurs and a company called Sommers International. Pirelli ceased operations at the plant in late August. Pirelli deconsolidated its operations in Venezuela in 2015. The plant produces passenger car and light truck tires.

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