Continental ‘cooperate’ with Czech CSG Group

Following the news that Continental was going to sell its agricultural division to Czech Rubber Group (CSG), the company has issued a statement confirming that it will sell the agricultural wing. Continental would prefer the transaction to be seen as an exercise in cooperation between the two companies rather than a sale, but it is clear that this event is part of Continental’s ongoing strategy to focus on what is at the core of their business.

The CSG Group plan to integrate the ex-continental wing into its own tyre division.