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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 group sector to an affiliate of Lone Star Funds for €4.0 billion. The transaction also includes performance-based components of up to €250 million in subsequent years. The sale of its industrial business is the final step in Continental’s realignment. Once completed, the DAX-listed company will become a pure-play tire manufacturer for the first time in its history.
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Anna Fischer
Anna Fischer
March 04, 2022 Anna Fischer will be taking over the Investor Relations department effective April 1, 2022
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Continental has announced the construction of a new highly automated finished-goods warehouse in Mount Vernon, Illinois. The company plans to invest approximately $76 million in the project. The facility is designed to mainly serve growing demand in North America, while enhancing service levels and customer support. Covering an area larger than six American football fields, the warehouse will have capacity for approximately 500,000 passenger car tires. Construction is expected to start in summer 2026, with operations scheduled to begin in 2027.
Continental has decided to build its first company-owned wind farm near its tire plant in Korbach, in the municipality of Twistetal (Hesse, Germany). It will supply electricity to the tire plant in Korbach (Hesse), which is about eight kilometers away. With this project, the tire manufacturer is diversifying its energy supply, accelerating its transition to renewable energy, improving the plant’s cost competitiveness and reducing its dependence on energy markets.
6 Document(s)
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Continental Headquarters in Hanover (Vahrenwald)
Continental Headquarters in Hanover (Vahrenwald)
July 26, 2018 Drone flight Continental Headquarters, Hanover
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Recording of the media webcast on the occasion of the Continental Annual Press Conference, March 9, 2021.
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When using this material, please specify the following source: "Photo: Continental AG" or "Video: Continental AG".
If you would like to use our pictures or videos in another context, such as for advertising brochures, websites or other commercial purposes, please contact us prior to doing so.
This picture/video may be used by journalists and media representatives when reporting about Continental, provided the source is cited.
When using this material, please specify the following source: "Photo: Continental AG" or "Video: Continental AG".
If you would like to use our pictures or videos in another context, such as for advertising brochures, websites or other commercial purposes, please contact us prior to doing so.
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Virtual tour of Continental's new corporate headquarters.
