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On the Record · Titan International

Titan International acquisitions, on the record

The businesses Titan International bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Australian wheel business
Word for word“In March 2022, the Company sold its Australian wheel business to OTR Tyres.” 10-K for 2023
divestitureMarch 2022—
The Carlstar Group
Word for word“On February 29, 2024, Titan International, Inc. acquired 100% of the Carlstar Group ("Carlstar") stock for a purchase price of $ 296.2 million consisting of $ 168.7 million in Titan International, Inc.’s stock based on the previous 45-day average price and $ 127.5 million in cash pursuant to an agreement dated February 29, 2024, and subject to agreed upon working capital target and escrow provisions.” 10-K for 2023
acquisitionFebruary 29, 2024$ 296.2 million consisting of $ 168.7 million in Titan International, Inc.’s stock based on the previous 45-day average price and $ 127.5 million in cash
The Carlstar Group, LLC ("Carlstar")
Word for word“On February 29, 2024, the Company acquired 100% of the equity interests of Carlstar.” 10-K for 2024
acquisitionFebruary 29, 2024—
The Carlstar Group, LLC (now also known as Titan Specialty)
Word for word“On February 29, 2024, the Company acquired 100% of the equity interests of Carlstar, now also known as Titan Specialty.” 10-K for 2025
acquisitionFebruary 29, 2024—
Rodaros Industria de Rodas Ltda
Word for word“Subject to customary closing conditions, the commitment to acquire the remaining 80 % ranges from $ 10 million to $ 20 million.” 10-K for 2025
agreed acquisition—$ 10 million to $ 20 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businesses
2020-12-31—$0
2021-12-31—$0
2022-12-31$0$9.3 million
2023-12-31$0$2.1 million
2024-12-31$143.6 million—
2025-12-31$0—

Deal filings since 2016

Read from Titan International’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.