M&A Deal Summary

Continental Acquires Zytek Automotive

On April 3, 2014, Continental acquired automotive company Zytek Automotive

Acquisition Highlights
  • This is Continental’s 6th transaction in the Automotive sector.
  • This is Continental’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2014-04-03
Target Zytek Automotive
Sector Automotive
Buyer(s) Continental
Deal Type Add-on Acquisition

Target

Zytek Automotive

Lichfield, United Kingdom
Zytek Automotive Ltd. is a supplier of automotive control systems, powertrain management, electric/hybrid-electric vehicles, and racing systems which encompass electronics and electronic gearshift systems.

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Buyer(S) 1

Buyer

Continental

Hanover, Germany

Category Company
Founded 1871
Sector Manufacturing
Employees182,629
Revenue 39.7B EUR (2024)
DESCRIPTION

Continental is a tire manufacturer and industry specialist that develops and produces sustainable, safe and convenient solutions for automotive manufacturers as well as industrial and end customers worldwide. Continental was founded in 1871 and is based in Hanover, Germany.


DEAL STATS #
Overall 8 of 21
Sector: Automotive M&A 6 of 11
Type: Add-on Acquisition M&A Deals 3 of 12
Country: United Kingdom M&A 1 of 2
Year: 2014 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-10 Veyance Technologies

Fairlawn, Ohio, United States

Veyance Technologies, Inc. manufactures and sells Goodyear Engineered Products-branded industrial power transmission products; heavy-duty and lightweight conveyor belts; hydraulics; rubber track; and automotive and heavy-duty truck belts, hose, tensioners and air springs.

Buy $1.9B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-17 A-Z Formen- und Maschinenbau

Munich, Germany

A-Z Formen- und Maschinenbau GmbH is a designer and manufacturer of tire molds, containers and tire re-groovers.

Buy -