Continental has announced to sell its ContiTech group sector to an affiliate of Lone Star Funds for 4 billion euros ($4.58 billion), which will turn the German auto parts giant into a pure-play tire manufacturer for the first time in its 155-year history.
The transaction, which is subject to regulatory approval and is expected to finish this year, also includes performance-based components of up to 250 million euros in subsequent years.
The sale of ContiTech, announced on Saturday, is the final step in Continental’s realignment.
In February 2026, ContiTech’s former Original Equipment Solutions business area was sold. This followed the spin-off in September 2025 of the former Automotive group sector, which has since been listed on the Frankfurt Stock Exchange as Aumovio.
ContiTech is one of the world’s leading industrial specialists and employs around 22,000 people worldwide.
In fiscal 2025, ContiTech achieved sales of around 4.4 billion euros. The industrial sector accounts for around 80 percent of its sales.
As a global provider of rubber and thermoplastic products and systems, ContiTech has extensive expertise in materials and technology.
Its portfolio spans conveyor and drive systems, fluid management solutions, as well as damping and surface applications.
“With the sale of ContiTech, the Supervisory Board approved the final step in Continental’s realignment,” said Sabrina Soussan, chair of Continental’s supervisory board.
Following completion of the sale, Continental will become a focused tire manufacturer with a strong, globally recognized brand.
Continental’s tire business has shown stable development in recent years, despite volatile markets.
The company benefits from highly efficient processes, a strong customer focus and a robust technology portfolio.
Multiple awards in independent tire tests consistently demonstrate the high quality of its products. With approximately 55,000 employees and 19 tire plants, the company is well positioned both globally and locally.
Its strong business in passenger car tires forms the foundation, accounting for around 77 percent of tire sales in 2025. Globally, 76 percent of sales come from replacement tires.
Continental is particularly well positioned in the premium segment for ultra-high-performance tires.
Across all brands, these tires now account for around 55 percent of total passenger car tire sales and for around 62 percent of tire sales of the Continental brand, with demand continuing to rise.
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