Malaysia: Continental acquires remaining 30% of tyre JV

Continental has announced it has acquired the outstanding 30% of the shares of Continental Sime Tyre from its joint-venture partner Sime Darby Allied Products Berhad. As a result, Continental Sime Tyre has become a fully owned subsidiary of Continental and will be renamed as Continental Tyre Malaysia. Continental operates two tyre manufacturing Subscribe to Automotive … Continued

• By Webmaster
• May 14, 2012