Continental sells sound systems producer to Dutch private equity fund / Non-core business

摘要

In a deal retroactive to 1 January,German tyre and technical elastomers manufacturer Continental (Hanover; www.conti-online.com) has sold its subsidiary Stankiewicz (Adelheids-dorf / Germany; www.stankiewicz.de) to Dutch private equity investor Gilde Buy-Out Fund (Utrecht; www.gilde.nr).A purchase price was not announced.