Continental to acquire remaining 50% stake in Emitec  [ Germany ]

Continental AG announced that it intends to purchase the outstanding shares in Emitec Gesellschaft fur Emissionstechnologie mbH for a cash consideration of GBP 46 million. Emitec, to date a 50-50 joint venture co-owned by Continental and GKN plc – will be acquired by Continental and integrated into its Powertrain Division. Emitec's product portfolio includes metal catalytic converters, pa...
<Apr 30, 2014>