Continental AG to buy remaining interest in Emitec, 50-50 joint venture co-owned by Continental and GKN plc


Tuesday, 29 Apr 2014 08:00pm EDT 

Continental AG:Intends to purchase outstanding shares in Emitec Gesellschaft fuer Emissionstechnologie mbH.Emitec, to date 50-50 joint venture co-owned by Continental and GKN plc – to be acquired by Continental and integrated into its Powertrain Division.Completion of the acquisition is subject to merger control clearance.Emitec is supplier of emissions technologies.Emitec product portfolio includes metal catalytic converters, particle filter components, and dosing modules for selective catalytic reduction (SCR). 

Company Quote

175.65
1.1 +0.63%
23 Dec 2014