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Changes at ContiTech

The Benecke-Kaliko Group is the second-largest part of ContiTech. Continental has decided to increase its shareholding in the company from 50.1% to 99%, buying from DG Bank. Bamberger Kaliko will be separated from the group by a management-buyout.

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Related news:

  1. Another E-Commerce Platform
  2. Sales Target Of 10 bn Euro In 2000 For Continental Achievable
  3. The “30 Metre Car” From Continental
  4. ContiTech in Talks to Sell Sealing Operations
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Continental Denies Shareholding in Apollo Tyres

Continental has denied reports in Indian newspapers that it has a 15% shareholding in Apollo Tyres. Continental is in talks with other companies in India but the results will not be announced until later this year.

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Related news:

  1. Apollo To Build New Radial Plant
  2. JK responds to Apollo Michelin link
  3. Schaeffler, Unions Sign Joint Statement Regarding Conti Employees
  4. Apollo Net Sales Up 24% in Q1
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