Continental acquires U.S.-based Veyance Technologies  [ USA ]

Continental AG announced that it has concluded an agreement with The Carlyle Group, Washington D.C., USA, relating to the purchase of Veyance Technologies Inc, Fairlawn, Ohio, USA, for approximately EUR 1.4 billion. Veyance operates globally in the field of rubber and plastics technology and in 2013 recorded sales of approximately EUR 1.5 billion, around 90 percent of which were achieved outsid...
<Feb 10, 2014>