S8 Capital might acquire Continental’s Russian assets
Drawing upon information from two anonymous sources, Russian newspaper Kommersant has named Moscow-based holding company S8 Capital as a potential purchaser of Continental’s assets in Russia, including its tyre plant in Kaluga. Kommersant shares that S8 Capital, owned by entrepreneur Armen Sargsyan, has already acquired a lift manufacturing facility in St. Petersburg from Otis Worldwide Corporation.