ContiTech stretches its coverage

摘要

ContiTech is consolidating its position in China with the acquisition of the conveyor belt operations of Tianjin Xinbinhai Conveyor Belt Co, Tianjin. Both sides have agreed not to disclose the purchase price. "This move gives us a new market in an up-and-coming region and strengthens ContiTech's position in China," says Hans-Jiirgen Duensing, general manager of the ContiTech Conveyor Belt Group.