Germany/India: Continental acquires 100% of Modi Tyres

Continental has announced it has completed the acquisition of a 100% shareholding in Modi Tyres Company Limited (MTCL), a subsidiary of Modi Rubber Ltd. The German supplier first announced the intended deal in mid-April 2011 as part of its strategy to invest in growing markets in Asia for its core Subscribe to Automotive World to … Continued

• By Webmaster
• July 18, 2011