Continental Decides to Make ContiTech Independent and Adjusts Composition of Executive Board

Continental Decides to Make ContiTech Independent and Adjusts Composition of Executive Board

April 8, 2025By Busworld Plaza Latam
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Continental Decides to Make ContiTech Independent and Adjusts Composition of Executive Board

The Continental Executive Board has today decided to make the ContiTech group sector independent. The preparatory phase that now follows will involve analyzing and assessing the possible transaction forms for independence and drawing up a timetable for implementation. The Executive Board will decide on this in the next step. As things stand, Continental considers a sale of ContiTech to be the most likely option. This is to be implemented after the spin-off of the Automotive group sector and the sale of the Original Equipment Solutions (OESL) business area. Subject to the necessary resolutions, ContiTech could become independent in the course of 2026.

Continental has already laid the groundwork for its realignment with the planned spin-off of its Automotive group sector and aims to position the three group sectors – Tires, ContiTech and Automotive – as strong, independent companies. With this move, ContiTech will operate independently as a material solutions specialist with a strong industrial focus. Continental AG will therefore become a global company focused on tires. In a last step, the still overarching holding functions will then be transferred to Continental AG.

Automotive offers cutting-edge electronic products and modern mobility solutions. It has carved out a strong market position for innovative sensor solutions and displays as well as technologically leading brake and comfort systems, and has extensive expertise in software, architecture platforms and assistance systems for the rapidly growing future market of software-defined and autonomous vehicles. 

Tires operates a successful global portfolio of car, truck, bus, two-wheel and specialty tires as well as smart solutions and services for fleets and tire retailers. The megatrends of sustainability, electric mobility and digitalization offer a wide range of opportunities for further profitable growth. 

ContiTech has around 39,000 employees, recorded sales of around €6.4 billion in 2024 and is a specialist in innovative material solutions with a clear industrial focus. The group sector’s core industries currently comprise off-highway mobility, mining, construction and home, energy management and automotive.