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Continental is a leading tire manufacturer and industry specialist that develops and produces sustainable, safe and convenient solutions for automotive manufacturers as well as industrial and end customers worldwide.
Continental today announced the sale of its ContiTech business area Original Equipment Solutions (OESL) to Regent. The transaction is subject to antitrust approval. The parties have agreed not to disclose the purchase price and further details.
Continental started 2023 with solid results, in line with its expectations. The technology company anticipates a further improvement in earnings over the course of the year, in particular due to rising production figures for passenger cars and light commercial vehicles, inflation-related price adjustments and cost discipline.
Chapter 1 Transformation is the key to success Continental now has 150 eventful years behind it. During this time, the company has always faced major challenges and continually reinvented itself. Such...