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СпутникиРНSpaceXРоскосмосNASABY Fraser TennantBeginning a new era as a pure-play tire manufacturer, German car parts supplier Continental is to sell its plastics and rubber business ContiTech to private equity firm Lone Star Funds in a transaction valued at €4bn.As a global provider of rubber and thermoplastic products and systems, ContiTech has extensive expertise in materials and technology – its portfolio spanning conveyor and drive systems, fluid management solutions, as well as damping and surface applications.Following completion of the sale, Continental – whose tire business has shown stable development in recent years, despite volatile markets – will become a focused tire manufacturer with a strong, globally recognised brand.The transaction also includes performance-based components of up to €250m in subsequent years. The sale of its industrial business is the final step in DAX-listed Continental’s realignment. In February 2026, the company also sold ContiTech’s former original equipment solutions business.Despite achieving sales of approximately €4.4bn in 2025, Continental’s ContiTech division has been under pressure in recent months, cutting 3000 jobs in May, including 1600 in Germany.“With the sale of ContiTech, the Supervisory Board approved the final step in Continental’s realignment,” said Sabrina Soussan, chair of Continental’s Supervisory Board. “We are convinced that both companies will be better positioned to develop as independent businesses than as part of the same group. This strategic focus will make them both even stronger.”Lone Star Funds, with a long track record in the industrials sector, will take over all of ContiTech’s business operations worldwide following the close of the transaction.“ContiTech is a well-positioned industrial company with outstanding technological capabilities and extensive expertise in materials, making it one of the leading providers in its industries,” said Donald Quintin, chief executive officer of Lone Star Funds. “As a global investor with a track record in the industrials sector, we are convinced of ContiTech’s significant potential.”The transaction – which is expected to be completed by the end of 2026 – is subject to regulatory approval.Mr Quintin concluded: “We look forward to working closely with the management team and employees around the world to further develop the business – through operational improvements and targeted investments in attractive growth markets.”News: Continental to sell ContiTech unit to Lone Star Funds for $4.6 billion
BY Fraser Tennant
Beginning a new era as a pure-play tire manufacturer, German car parts supplier Continental is to sell its plastics and rubber business ContiTech to private equity firm Lone Star Funds in a transaction valued at €4bn.
As a global provider of rubber and thermoplastic products and systems, ContiTech has extensive expertise in materials and technology – its portfolio spanning conveyor and drive systems, fluid management solutions, as well as damping and surface applications.
Following completion of the sale, Continental – whose tire business has shown stable development in recent years, despite volatile markets – will become a focused tire manufacturer with a strong, globally recognised brand.
The transaction also includes performance-based components of up to €250m in subsequent years. The sale of its industrial business is the final step in DAX-listed Continental’s realignment. In February 2026, the company also sold ContiTech’s former original equipment solutions business.
Despite achieving sales of approximately €4.4bn in 2025, Continental’s ContiTech division has been under pressure in recent months, cutting 3000 jobs in May, including 1600 in Germany.
“With the sale of ContiTech, the Supervisory Board approved the final step in Continental’s realignment,” said Sabrina Soussan, chair of Continental’s Supervisory Board. “We are convinced that both companies will be better positioned to develop as independent businesses than as part of the same group. This strategic focus will make them both even stronger.”
Lone Star Funds, with a long track record in the industrials sector, will take over all of ContiTech’s business operations worldwide following the close of the transaction.
“ContiTech is a well-positioned industrial company with outstanding technological capabilities and extensive expertise in materials, making it one of the leading providers in its industries,” said Donald Quintin, chief executive officer of Lone Star Funds. “As a global investor with a track record in the industrials sector, we are convinced of ContiTech’s significant potential.”
The transaction – which is expected to be completed by the end of 2026 – is subject to regulatory approval.
Mr Quintin concluded: “We look forward to working closely with the management team and employees around the world to further develop the business – through operational improvements and targeted investments in attractive growth markets.”
News: Continental to sell ContiTech unit to Lone Star Funds for $4.6 billion
| # | Наименование новости | Тональность | Информативность | Дата публикации |
|---|---|---|---|---|
| 1 | Continental Aktie im Plus: Sonderdividende von 2,5 Milliarden Euro nach Verkauf von Contitech an Lone Star | 0 | 8.64 | 04-07-2026 |
| 2 | Continental: Kunststoffsparte ContiTech streicht 3000 Stellen weltweit | 0 | 15.57 | 07-05-2026 |
| 3 | Continental: Umbau und Abspaltung führen zu Verlusten | 0 | 9.83 | 04-03-2026 |
| 4 | FAZ: Continental собирается продать завод в Калуге холдингу S8 Capital | 0 | 0 | 19-04-2023 |
| 5 | Conti profitiert vom starken Reifengeschäft | 0 | 11.16 | 05-08-2026 |
| 6 | GE Aerospace to acquire Consolidated Precision Products in $11.7bn deal | 0 | 8.25 | 10-09-2026 |
| 7 | Kongsberg Completes Acquisition Of Zone 5 Technologies | 0 | 5 | 10-06-2026 |
| 8 | Fiat Chrysler продает свое подразделение по производству запчастей за $7,2 млрд | 0 | 0 | 22-10-2018 |
| 9 | Pirelli, il segmento premium traina i conti: utile a 299 milioni (+13,3%) e target 2026 confermati | 0 | 12.77 | 30-07-2026 |