Who Actually Owns Michelin? The Company Behind the Brand

Article Image

Michelin Tyres is just one branch of a much broader enterprise, which is present across the dining, travel, and tyre manufacturing markets. With an extensive and rich history, which dates back as far as 1889 when the Michelin brothers took over a business named Barbier Daubrée and redefined its mission in production and development, Michelin has been synonymous with quality.

So, who owns Michelin Tyres now – and what is it about the company history that puts this brand on such a pedestal?

The History of Michelin

Michelin was born when the Michelin brothers acquired and renamed a struggling business which, at the time, manufactured a variety of rubber parts for farm machinery and other everyday implements. When a cyclist turned up in need of a repair to their tyre, the brothers discovered a gap in the market for a pneumatic tyre that didn’t need to be glued to the wheel rim but could instead be removed.

In 1891, Michelin took out a patent on its own pneumatic tyre – which went on to be used that year on the winning bike in the world’s first long-distance cycling race.

In 1895, this same pneumatic design principle was applied to tyres for the automotive sector, with the following decades then used to develop new tyres, acquire rubber production factories and facilities, and expand its range.

How Did Michelin Grow Over the 1900s?

In the 1900s, Michelin took over the operation of various rubber plants, developed new tyres that transformed the market (for example, in 1934 Michelin launched a tyre that ultimately fed the creation of the modern run-flat tyre), and acquired failing tyre brands and vehicle manufacturers.

Citroen was one brand that Michelin took over, solidifying the brand’s presence in the market and leading to it being recognised as one of the most prolific OEM brands for vehicles across the world. This OEM status, fitting Michelin tyres as original equipment to countless vehicles, meant that Michelin quickly became the gold standard for quality and reliability.

Michelin also acquired B.F. Goodrich and Uniroyal tyres – with small tyre brand acquisition something that has continued to this day. As recently as 2018, Michelin broadened its presence in the off-road and commercial markets with the acquisition of Camso, and in 2019 Michelin acquired Multistrada Arah Sarana which produces tyres for Corsa cars and Achilles Radial vehicles.

In 2026, the year of writing, Michelin has just completed on the acquisition of Flexitallic.

Suffice to say, growth is at the heart of Michelin’s continued market presence – and is something that feeds the premium status of this company. All this, while also investing in its own Michelin tyre brand which is recognised for its quality, performance, and durable tyre lifespan.

Article Image

Who Owns Michelin Tyres Today?

Michelin is active on the Euronext Paris stock exchange, which means prolific investors hold a portion of the company. This is balanced against the Michelin family’s own ownership, which amounts to 45% of the company’s total shares under a holding company called the Michelin Group.

In short, a percentage of Michelin is held publicly by investors, but the Michelin family retains a significant level of control over the company.

Should I Buy Michelin Tyres?

Michelin Tyres sit at the top of most lists of premium tyres – and for good reason. Often ranked as having the highest lifespan in terms of durability and tread life, balancing performance with comfort, and covering a broad array of driver needs with mixed terrain and seasonal designs, Michelin is a premium brand that delivers on its high-quality promise.

Many of the technologies that Michelin invests in, across its 121 global manufacturing facilities and countless testing plants, mean that its tyres are always produced to the highest standards – offering safety, handling precision, comfort, and value for money (yes, even with a high price tag!)

You can browse our full Michelin selection of tyres on the dedicated brand page, or head to our Tyres.co.uk Knowledge Hub to compare this brand with other premium market names.

Back to Knowledge Hub