Continental expects the deal to generate cash proceeds of approximately 3.1 billion euros, some of which will be used to cut ...

ContiTech produces industrial parts such as conveyor belts and air springs and has a workforce of about 22,000 globally.

July 4 (Reuters) - Continental said on Saturday it had signed an agreement to sell its ContiTech plastics and rubber business ...

Continental sells ContiTech division to Lone Star Funds for $4.6 billion, becoming a pure-play tire manufacturer.

In 2025, ContiTech achieved sales of around €4.4 billion Value creation will include operational improvements, as well as targeted investments ContiTech’s portfolio includes conveyor and drive systems ...

Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund XIII, L.P. has entered into a definitive agreement to acquire ContiTech, the material solutions group of Continental ...

Continental AG has nearly finalized the sale of its ContiTech industrial unit to Lone Star Funds, which would complete the ...