JK Tyre & Industries Ltd., a prominent Indian tyre manufacturer, has announced the successful completion of the merger of its subsidiary, Cavendish Industries Ltd. (Cavendish), with itself. Cavendish, originally acquired by JK Tyre in 2016 from Kesoram Industries Ltd., was primarily involved in the manufacturing of truck/bus radial, truck/bus bias, and 2/3-wheeler tyres. At the time of acquisition, Cavendish was operating at approximately 30% of its capacity. Following the acquisition, JK Tyre implemented comprehensive managerial, financial, and technical support, leading to a significant turnaround for Cavendish. This resulted in a capacity utilization of 95% and an expansion of the Laksar facility, contributing substantially to JK Tyre's overall tyre operations. The merger is anticipated to unlock considerable value by enhancing operational synergies, achieving economies of scale, strengthening the product portfolio, and expanding the combined distribution network. This strategic move aligns with JK Tyre's long-term growth strategy, which emphasizes a balanced approach of organic and inorganic initiatives. The successful integration of Cavendish follows previous successful turnarounds of Vikrant tyres and JK Tornel Mexico, along with two greenfield plant establishments.