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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Continental acquires Czech machine tool manufacturer VÚK · Endata

◂ Announcements

Jul 10, 2018ACQUISITIONOtrokovice, Czechia

Continental acquires Czech machine tool manufacturer VÚK

Continental has acquired a 100% shareholding in Czech machine tool manufacturer VÚK. The acquisition strengthens Continental's tyre assembly machinery business and its presence in Otrokovice, Czech Republic.

Jobs

90

Status

Announced

Productstyre assembly machinerymachine tools

CompaniesContinental acquirer VÚK target

Sectors#Industrial Machinery #Automotive Components

“With this acquisition of VÚK, we are strengthening our production capabilities in terms of tyre assembly machines and are therefore supporting our growth strategy Vision 2025.”tyrepress.com

3 sources
tyrepress.comVÚK acquisition to benefit Continental’s tyre assembly machinery business - TyrepressStephen GoodchildJul 10, 2018
commercialtyrebusiness.comMachine Tool Manufacturer, Czech VÚK Acquired by ContinentalRichard WilsonJul 31, 2018
tiresandparts.netContinental Acquires Machine Tool Manufacturer VÚK - Tires & Parts NewsHamid MoarefAug 16, 2018

Summarized from public sources; check the original articles before acting on it.

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