Continental Acquires Veyance

Continental concluded its acquisition of U.S. rubber company Veyance Technologies Inc, Fairlawn, Ohio, on Jan. 30. On Jan. 29, the Brazilian antitrust authority CADE (Council for Economic Defense) cleared the transaction with certain conditions, thus providing the approvals necessary for completion. International automotive supplier, tire manufacturer and industrial partner Continental is boosting its worldwide industrial business with this acquisition, which…

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