ContiTech

Continental's Veyance deal is probed by German cartel office

May 26, 2014 14:39 CET
Germany's cartel office says it has launched a probe into Continental's planned takeover of U.S. rubber firm Veyance Technologies....
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Continental aims to more than double sales at rubber, plastics unit

April 8, 2014 13:11 CET
Continental says it has a goal of more than doubling sales at its rubber and plastics unit, Contitech, to over 11 billion euros ($15.1 billion) within the next decade....
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Continental seeks to expand beyond auto business with U.S. acquisition

Feb. 11, 2014 06:01 CET
Continental agreed to buy Veyance Technologies for about $1.9 billion to expand beyond the auto business. Continental expects the purchase to boost profit of its ContiTech unit. U.S.-based Veyance makes industrial hoses and conveyor belts....
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