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Continental: acquisition in mold manufacturing

( - Continental announced on Monday that it has completed the acquisition of EMT, a Slovakian manufacturer of steel tyre molds, with a view to strengthening its molding activities.

The German automotive supplier, which has 20 tyre plants in 16 countries, says that EMT's 107 employees will join its teams.

Conti points out that, after acquiring Germany's A-Z Formen in 2015 and the Czech company VFC in 1993, it is now in a position to independently produce the molds required for its tyre production activities.

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