# Continental and aft automotive form 50/50 joint venture

Continental and aft Automotive signed an agreement to form a 50/50 joint venture to produce high-performance plastic assembly lines for future mobility. The JV is expected to create over 30 jobs by 2025 and is subject to antitrust approval.

- Type: Acquisition
- Announced: 2020-09-09
- Where: Germany
- Jobs: 30
- Status: announced
- Products: high-performance plastic assembly lines
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Continental](https://endata.com/companies/925.md) (partner)
- [aft automotive](https://endata.com/companies/49222.md) (partner)

## Sources

- [auto.gasgoo.com](https://auto.gasgoo.com/news/202009/9I70212251C103.shtml), 2020-09-09: "软管和管路是移动出行未来发展的必要前提。"

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