{"id":151898,"date":"2026-07-10T15:00:10","date_gmt":"2026-07-10T12:00:10","guid":{"rendered":"https:\/\/ldaily.ua\/?post_type=news&#038;p=151898"},"modified":"2026-07-07T20:42:30","modified_gmt":"2026-07-07T17:42:30","slug":"nimeczkyj-vyrobnyk-shyn-continental-prodaye-contitech-amerykanskij-lone-star-za-e4-mlrd","status":"publish","type":"news","link":"https:\/\/ldaily.ua\/en\/news\/nimeczkyj-vyrobnyk-shyn-continental-prodaye-contitech-amerykanskij-lone-star-za-e4-mlrd\/","title":{"rendered":"German Tire Maker Continental to Sell ContiTech to U.S. Firm Lone Star for \u20ac4 Billion"},"content":{"rendered":"<div class=\"qMYqUG_convSearchResultHighlightRoot\">\n<div class=\"\" data-turn-id-container=\"request-WEB:424d8cf7-b0cc-4deb-a121-5beac5b66a61-11\" data-is-intersecting=\"true\">\n<section class=\"text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&#038;:has([data-writing-block])>*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(&#8211;scroll-root-safe-area-inset-bottom,0px)+var(&#8211;thread-response-height))] scroll-mt-[calc(var(&#8211;header-height)+min(200px,max(70px,20svh)))]&#8221; dir=&#8221;auto&#8221; data-turn-id=&#8221;request-WEB:424d8cf7-b0cc-4deb-a121-5beac5b66a61-11&#8243; data-turn-id-container=&#8221;request-WEB:424d8cf7-b0cc-4deb-a121-5beac5b66a61-11&#8243; data-testid=&#8221;conversation-turn-6&#8243; data-turn=&#8221;assistant&#8221;><\/p>\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm\/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg\/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\" data-conversation-screenshot-content=\"\">\n<div class=\"flex max-w-full flex-col gap-4 grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&#038;]:mt-1\" dir=\"auto\" tabindex=\"0\" data-message-author-role=\"assistant\" data-message-id=\"43949933-c747-490f-af81-3e35ec07f4de\" data-message-model-slug=\"gpt-5-5\" data-turn-start-message=\"true\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden\">\n<div class=\"markdown prose dark:prose-invert wrap-break-word w-full light markdown-new-styling\">\n<p class=\"PDq2pG_selectionAnchorContainer\" data-start=\"91\" data-end=\"461\">German tire and automotive components manufacturer Continental AG has agreed to sell its industrial division, ContiTech, to U.S. private equity firm Lone Star Funds. The transaction values the business at \u20ac4 billion and marks the final stage of Continental&#8217;s extensive restructuring, allowing the company to focus on its most profitable core business\u2014tire manufacturing.<\/p>\n<p data-start=\"463\" data-end=\"865\">According to Continental, Lone Star will acquire ContiTech at an enterprise value of \u20ac4 billion. Following the expected completion of the transaction by the end of 2026, the German company anticipates receiving approximately \u20ac3.1 billion in cash proceeds. The agreement also includes an additional earn-out payment of up to \u20ac250 million, subject to the business achieving specified performance targets.<\/p>\n<p data-start=\"867\" data-end=\"1124\">Continental intends to use the proceeds to reduce its debt burden while returning a significant portion of the capital to shareholders. The company plans to distribute approximately \u20ac2.5 billion through a share buyback program and special dividend payments.<\/p>\n<p data-start=\"1126\" data-end=\"1399\">The company also stated that, once the transaction is completed, it will revise its financial guidance for the current year to reflect its new business structure. However, the outlook for its tire division\u2014which will become Continental&#8217;s primary business\u2014remains unchanged.<\/p>\n<p data-start=\"1401\" data-end=\"1787\">Founded in 1871 and headquartered in Hanover, Continental AG is one of Germany&#8217;s largest industrial groups. The company is among the world&#8217;s leading manufacturers of automotive tires and also produces electronic systems, automotive components, and advanced technologies for the automotive industry. Continental&#8217;s products are widely distributed across global markets, including Ukraine.<\/p>\n<p data-start=\"1789\" data-end=\"2058\">The divested ContiTech division specializes in manufacturing industrial rubber and polymer products, including conveyor belts, air springs, drive belts, hoses, and other components used in mining, manufacturing, construction, transportation, and mechanical engineering.<\/p>\n<p data-start=\"2060\" data-end=\"2397\">The buyer, Lone Star Funds, is a Dallas, Texas-based private equity firm specializing in acquiring and developing industrial businesses, real estate, financial companies, and distressed assets worldwide. The firm manages assets worth tens of billions of dollars and has a long history of investing in major European industrial companies.<\/p>\n<p data-start=\"2399\" data-end=\"2686\">The sale of ContiTech completes Continental&#8217;s broader corporate restructuring. Earlier, the company spun off its automotive components division into a separate publicly listed company, Aumovio SE, enabling Continental to concentrate its long-term strategy on expanding its tire business.<\/p>\n<p data-start=\"2688\" data-end=\"2988\">Analysts note that international investment funds continue to increase their interest in industrial assets, viewing such companies as attractive opportunities for modernization and operational improvements, particularly amid the rapid adoption of artificial intelligence and manufacturing automation.<\/p>\n<p data-start=\"2990\" data-end=\"3484\" data-is-last-node=\"\" data-is-only-node=\"\">The trend is reflected in several recent transactions across the global industrial sector. In June, U.S. private equity firm Bain Capital agreed to acquire a controlling stake in a heavy-duty diesel engine business carved out from Germany&#8217;s Volkswagen AG. Earlier, in April, a consortium led by U.S. investment firm Blackstone Inc. acquired British aerospace components supplier Senior Plc. These deals underscore the continued strong appetite of private capital for European industrial assets.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n","protected":false},"featured_media":151899,"menu_order":0,"template":"","newscat":[9],"newstag":[],"issues":[],"class_list":["post-151898","news","type-news","status-publish","has-post-thumbnail","hentry","newscat-novosti"],"_links":{"self":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news\/151898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media\/151899"}],"wp:attachment":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media?parent=151898"}],"wp:term":[{"taxonomy":"newscat","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newscat?post=151898"},{"taxonomy":"newstag","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newstag?post=151898"},{"taxonomy":"issues","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/issues?post=151898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}