en.Wedoany.com Reported - Continental has sold its industrial division ContiTech to Lone Star for €4 billion. This transaction marks the final phase of the strategic restructuring initiated by the German conglomerate in 2025. For the first time in its 150-year history, Continental will focus entirely on its tire business.
In September 2025, Continental spun off its automotive division, which now operates independently under the name Aumovio and is listed on the Frankfurt Stock Exchange. In February of this year, the company sold the Original Equipment Solutions business, which was previously part of ContiTech.
The transaction announced this week is still subject to regulatory approval. Continental could receive an additional €250 million if ContiTech meets future performance targets. Approximately €2.5 billion of the proceeds from the transaction will be distributed to shareholders.
Sabrina Soussan, Chairwoman of Continental's Supervisory Board, stated that the two companies will have better conditions for growth by developing independently than by remaining under the same group. CEO Christian Kötz views this move as the beginning of a new cycle for the company, marking a new era for Continental as a pure tire manufacturer.
Lone Star will fully take over ContiTech's global operations. ContiTech employs approximately 22,000 people and generated revenue of €4.4 billion in 2025, with about 80% coming from industrial applications. Donald Quintin, CEO of Lone Star, stated that the strategy will accelerate the company's development through operational improvements and investments in strategic markets. ContiTech provides rubber and thermoplastic products and systems for multiple industries, including mining, energy, infrastructure, off-highway machinery, automotive industry, manufacturing, furniture, printing, and packaging.
After the transaction is completed, Continental will be fully dedicated to the development, production, and sale of tires. This business operates 19 plants worldwide and employs 55,000 people. In 2025, passenger car tires accounted for 77% of the division's sales. The replacement market remains the primary sales channel, representing 76% of global revenue. The Europe, Middle East, and Africa (EMEA) region is the company's largest market, concentrating 53% of sales.
