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.

Continental (CTTAY) to sell its industrial unit ContiTech to Lone Star Funds for €4B to become a a pure-play tiremaker. Read ...

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 ...

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

Continental will become a pure-play tire manufacturer after selling ContiTech in a deal valued at up to €4.25 billion.

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 ...

While macroeconomic uncertainty and higher financing costs keep influencing pricing and execution in the energy sector, the ...

Continental AG agreed to sell its ContiTech industrial unit to Lone Star Funds, completing the German manufacturer’s shift to ...

Continental is in the final stages ​of agreeing a sale of its ‌ContiTech division to U.S. investor Lone Star, it said on Friday, adding that its leadership ​had approved a deal valuing ​the unit at €4 ...