Self-Sustaining Research & Development in Conti Matador Machinery
Since Continental’s acquisition of 51 per cent ownership of Matador in early November of last year, the German giant has merged its own Mould and Machine Factory with the Slovakia-based Matador Machinery division. The resulting company is now a world leader in designing and producing machinery and equipment for the whole tire industry, while Conti upped their stake in Continental Matador to 66 per cent on July 1 this year (as reported on tyrepress.com).