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Continental Announces Plan to Divest ContiTech Subsidiary, Exploring Options Including Sale
2025-04-08 /
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Author：小编
On April 8, Continental revealed its decision to divest its ContiTech subsidiary. The preparatory stage will entail a thorough analysis of the transaction format and the establishment of a clear timeline, with a sale emerging as the most probable course of action at this juncture. Provided that the requisite resolutions are secured, the divestiture process is expected to conclude by 2026. ContiTech specializes in the development, production, and distribution of rubber, plastic, metal, and fabric products, encompassing a wide range of systems and intelligent components.
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