Lone Star Funds Leads Bid for Continental’s ContiTech Unit, Eyes Deal This Month

1 articles · Updated · Bloomberg · Jun 17

Lone Star Funds has emerged as the frontrunner to buy Continental AG’s industrial unit, ContiTech, with a deal possible later in June if talks progress.
ContiTech makes industrial components including conveyor belts and air springs, making it a sizable carve-out target within Continental’s portfolio.
The sale process is still private, and the timing remains contingent on negotiations, according to people familiar with the matter.

Sources

Left100%

How will a private equity buyout affect ContiTech’s shift to high-margin products and its 20,000 employees?

With its recent acquisitions, is Lone Star building a new industrial giant or just preparing assets for a quick flip?

Is Continental’s sale of its profitable industrial unit a smart pivot or a risky sacrifice of diversification?

1 total

Left100%