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The Cryptonomics™ > Mining > Continental sells mining conveyor large ContiTech to Lone Star Funds
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Continental sells mining conveyor large ContiTech to Lone Star Funds

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Last updated: July 4, 2026 4:03 pm
admin Published July 4, 2026
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Continental sells mining conveyor large ContiTech to Lone Star Funds


Continental right this moment introduced the sale of its ContiTech group sector to an affiliate of Lone Star Funds for €4.0 billion. The transaction additionally consists of performance-based elements of as much as €250 million in subsequent years. The sale of its industrial enterprise is the ultimate step in Continental’s realignment. Lone Star is a number one funding agency with its principal workplace in London, UK, advising funds that make investments globally in non-public fairness, credit score and actual property.

As soon as accomplished, the DAX-listed firm will turn into a pure-play tyre producer for the primary time in its historical past. The transaction is topic to regulatory approval. After making an allowance for transferred web liabilities, significantly pension and leasing commitments, Continental expects a money influx from the transaction of round €3.1 billion. Round €2.5 billion is anticipated for use for a particular dividend or for a mix of a particular dividend and share buybacks. Continental can even proceed to strengthen its capital construction. Lone Star Funds will take over all of ContiTech’s enterprise operations worldwide.

“With the sale of ContiTech, the Supervisory Board accepted the ultimate step in Continental’s realignment. We’re satisfied that each firms will probably be higher positioned to develop as impartial companies than as a part of the identical group. This strategic focus will make them each even stronger,” mentioned Sabrina Soussan, chair of Continental’s Supervisory Board.

“The sale of ContiTech marks the start of a brand new period as a pure-play tyre producer,” mentioned Continental CEO Christian Kötz, including: “As introduced, our shareholders will take part within the proceeds from the sale. We can even proceed to enhance our stable capital construction.”

“ContiTech is a well-positioned industrial firm with excellent technological capabilities and intensive experience in supplies, making it one of many main suppliers in its industries. We’re satisfied of ContiTech’s vital potential. As a world investor with a monitor report within the industrials sector, we sit up for working carefully with the administration staff and staff all over the world to additional develop the enterprise – by operational enhancements and focused investments in enticing development markets,” mentioned Donald Quintin, CEO of Lone Star Funds.

ContiTech is likely one of the world’s main industrial specialists and employs round 22,000 individuals worldwide. In fiscal 2025, ContiTech achieved gross sales of round €4.4 billion. The economic sector accounts for round 80% of its gross sales. As a world supplier of rubber and thermoplastic merchandise and programs, ContiTech has intensive experience in supplies and know-how. Its portfolio spans conveyor and drive programs, fluid administration options, in addition to damping and floor purposes.

With a transparent deal with built-in options and providers, ContiTech is evolving right into a complete industrial companion, significantly within the strategic development areas of complete conveyance and dependable stream. The corporate serves a variety of business finish markets, together with mining, power, development and infrastructure, off-highway and mobility purposes, in addition to industrial manufacturing. As well as, ContiTech operates within the automotive, furnishings, printing and packaging industries.

In mining, ContiTech is well-known for having equipped and persevering with to provide a number of the world’s highest capability and strongest mining conveyor belts, together with the Phoenix Phoenocord ST10000, which may be manufactured in lengths weighing as much as 60 metric tons, has a breaking energy of 10,000 N/mm and a width of three,200 mm. Its particular Sybercord twine design together with the very best manufacturing and high quality requirements and superior splicing know-how ContiTech says offers a singular, dependable and unmatched product.

As well as it’s now made not solely in Germany but additionally in Ponta Grossa, Brazil to have the ability to serve the Latin American mining market. The primary set up was made in 2019/2020 at Codelco’s Chuquicamata copper mine in Chile – this 13 km TAKRAF conveyor with ABB gearless drives hauls 10,000 t/h of copper ore from 900 m underground to floor; plus this belt was lately efficiently changed. Different notable ContiTech excessive energy, excessive capability belts embrace the ST7800 on downhill conveyors at AMSA’s Minera Los Pelambres copper mine in Chile and an ST8000 belt at Vale’s S11D iron ore operation in Brazil; which was made at ContiTech’s facility in Bayswater, Australia.

Following completion of the sale, Continental will turn into a centered tyre producer with a robust, globally recognised model. Continental’s tyre enterprise it says has proven secure improvement lately, regardless of risky markets. The corporate advantages from extremely environment friendly processes, a robust buyer focus and a sturdy know-how portfolio. A number of awards in impartial tyre assessments persistently reveal the top quality of its merchandise. With roughly 55,000 staff and 19 tyre crops, the corporate provides it’s effectively positioned each globally and domestically.

Its sturdy enterprise in passenger-car tyres types the muse, accounting for round 77% of tyre gross sales in 2025. The EMEA area continues to generate the most important share of gross sales at 53%. Globally, 76% of gross sales come from alternative tyres. Continental is especially effectively positioned within the premium phase for ultra-high-performance tyres (18 inches and bigger). Throughout all manufacturers, these tyres now account for round 55% of complete passenger-car tyre gross sales and for roughly 62% of tyre gross sales of the Continental model, with demand persevering with to rise. Along with development on this space, Asia and North America specifically are strategic development markets.

Continental’s realignment right into a centered tyre producer consists of the sale of ContiTech. This follows the spin-off in September 2025 of the previous Automotive group sector, which has since been listed on the Frankfurt Inventory Change as Aumovio. In February 2026, the corporate additionally bought ContiTech’s former Authentic Gear Options enterprise space.



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