# 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.

- Type: Acquisition
- Announced: 2018-07-10
- Where: Otrokovice, Czechia
- Jobs: 90
- Status: announced
- Products: tyre assembly machinery, machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Continental](https://endata.com/companies/925.md) (acquirer)
- [VÚK](https://endata.com/companies/18825.md) (target)

## Sources

- [tyrepress.com](https://www.tyrepress.com/2018/07/vuk-acquisition-to-benefit-continentals-tyre-assembly-machinery-business/), 2018-07-10: "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."
- [commercialtyrebusiness.com](https://www.commercialtyrebusiness.com/machine-tool-manufacturer-czech-vuk-acquired-by-continental/), 2018-07-31: "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'."
- [tiresandparts.net](https://tiresandparts.net/news/parts/continental-acquires-machine-tool-manufacturer-vuk/), 2018-08-16: "With the acquisition of VÚK, Continental was strengthening its production capabilities in tire assembly machines as part of achieving its growth strategy Vision 2025."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.