# Continental and aft automotive form joint venture for plastic couplings

Continental and aft automotive have signed an agreement to create a 50/50 joint venture to manufacture couplings made of high-performance plastics for the automotive industry. The new company is planned to create more than 30 new jobs by 2025, subject to antitrust approval.

- Type: Partnership
- Announced: 2020-08-10
- Where: Hanover/Greven, Germany, Germany
- Jobs: 30
- Status: announced
- Products: high-performance plastic couplings, cooling circuit connectors, turbocharger connectors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

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

## Sources

- [continental-industry.com](https://www.continental-industry.com/at/en/press/newsroom/2021/joint-venture), 2021-03-08: "No lines, no hoses, no future mobility. Our lines and connectors remain vital lifelines in cars – both for hybrid and electric vehicles and for IC engines."

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