Michelin (CGDE)

Compagnie Générale des Etablissements Michelin is a French multinational tire manufacturer headquartered in Clermont-Ferrand, recognized as one of the world's largest producers by annual revenue. The company primarily designs, manufactures, and markets tires for a wide array of vehicles, including passenger cars, trucks, aircraft, motorcycles, bicycles, agricultural machinery, and civil engineering equipment, with tires accounting for 83% of net sales—broken down into replacement tires, long-distance transport, specialty, and original equipment categories. Beyond tires, it develops connected mobility solutions (12% of sales), such as fleet management tools, travel guides, and applications like ViaMichelin, and high-tech polymer composites (5%), applied in seals, belts, and fabrics for sectors including mobility, construction, aeronautics, low-carbon energies, and healthcare. Operating under brands like Michelin, BFGoodrich, and Uniroyal, it employs around 121,000 people globally, with sales distributed across North America (38.6%), Europe (26.5%), and other regions. Michelin drives innovation in sustainable mobility, pioneering inventions like the radial tire and run-flat technology, while maintaining a significant presence in motorsports and publishing renowned guides.