Continental completes acquisition of Emitec  [ Germany ]

Continental AG has acquired 100 percent ownership of Emitec. Until now, it was a 50/50 joint venture with Continental and Continental's partner GKN. The acquisition will take effect on July 31, 2014 and Emitec will become part of the Powertrain Division. In the future, Emitec will form the Exhaust Management Segment of the Fuel & Exhaust Management Business Unit in the Powertrain Division. ...