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As of June 13, 2014, Medea Société Anonyme was acquired by Artea SA, in a reverse merger transaction. Medea Société Anonyme designs, manufactures, and distributes tire studs and studding equipment in France and internationally. The company’s studs are used in snow tires for passenger cars, light trucks, trucks and heavy machinery, rallye, and racing cars. It also provides studding equipment, including feeders, guns, machines, and accessories, as well as spare parts and tungsten carbide pins. The company was formerly known as Ugigrip Société Anonyme and changed its name to Medea Société Anonyme in August 2007. The company was founded in 1989 and is based in Paris, France.
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