# Mutares to acquire Continental's drum brake location in Italy

Mutares SE & Co. KGaA has signed an agreement to acquire Continental's drum brakes production and R&D site in Cairo Montenotte, Italy, including all employees and business activities. The site generates about €100 million in annual revenue and employs around 400 people.

- Type: Acquisition
- Announced: 2025-06-18
- Where: Cairo Montenotte, Italy, Italy
- Jobs: 400
- Status: announced
- Products: hydraulic drum brakes, parking brake for simplex brakes, drum brake
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Continental](https://endata.com/companies/925.md) (target)
- [Mutares SE & Co. KGaA](https://endata.com/companies/33465.md) (acquirer)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/corporate/mutares-and-continental-signed-agreement-on-acquisition-of-continental-drum-brake-location-in-italy/b4a173cd-ce5a-4d64-b8af-88d8285d2587_en), 2025-06-18: "With the acquisition of the Continental’s Cairo Montenotte site we are strengthening our Automotive & Mobility segment."

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