Continental completes acquisition of U.S.-based Veyance Technologies  [ USA ]

Continental AG announced that it has concluded its acquisition of the U.S. rubber company Veyance Technologies Inc, of Fairlawn, Ohio. The transaction is valued at EUR 1.4 billion. Veyance operates globally in the field of rubber and plastics technology and in 2013 recorded sales of some EUR 1.5 billion. Veyance Technologies generates around half of its sales in the U.S.A. Other important marke...
<Jan 30, 2015>