ContiTech acquires Chinese drive belt manufacturer  [ China ]

ContiTech AG is continuing the expansion of its drive belt business in China with the acquisition of the business of local manufacturer Taizhou Fuju Rubber Belt Manufacture Co., Ltd. The acquisition was closed in mid-January. To date, the Chinese company has predominantly manufactured drive belts for the automotive replacement business and for industry in general. In the future, ContiTech will ...
<Jan 23, 2014>