Driving dynamics is BILSTEIN's passion: realising the perfect driving behaviour, building the perfect shock absorber – that is the motivation that drives BILSTEIN. Every day. For around 70 years. That’s why BILSTEIN only knows one claim: BILSTEIN shapes the present and future of chassis construction.
With the most comprehensive line of D.C., fractional horsepower, and oil-less air compressors and accessories on the market, you always find the products perfectly suited to your vital air needs. Whether onboard or portable, all of VIAIR's 12V and 24V air compressors are fully tested and proven to be best-in-class. You’ll find VIAIR® compressors and components outlasting and outperforming at every corner of the globe. From the Arctic to the Sahara Desert—harsh environments are no match for VIAIR and the depth, breadth, and quality of VIAIR's air compressor lines.
Continental AG, Hanover, Germany, has signed an agreement to acquireVeyance Technologies Inc., Fairlawn Ohio, USA, for 1.9 billion US-Dollar.The business of Veyance comprises engineering, manufacturing and sellingproducts made of rubber and plastics, predominantly for industrialapplications.In 2013, Veyance Technologies Inc. has generated revenues of approximately2 billion US-Dollar, of which more than 50% are allocable to theNAFTA-Region. The business has approx. 9,000 employees and has their mainproduction and engineering facilities in the U.S., Canada, Mexico, SouthAmerica and China. It produces and supplies, inter alia, conveyor belts,industrial hoses, air spring systems and power transmission belts. The business generated an EBITDA of 270 mn US-Dollar in 2013.Upon closing of this transaction, the acquired business is planned to beintegrated into Continental's ContiTech Division, which generatedaccording to preliminary data revenues of 3.9 bn EUR and an EBITDA of 576mn EUR in 2013.
Capital Market Day 2025 Sale of ContiTech planned for 2026 Mid-term potential for the Continental Group: sales of around €19.5 billion to €22.0 billion and adjusted EBIT margin of around 12.0 to 14.5 percent Mid-term potential for the Tires group sector: sales of around €14.5 billion to €16.0 billion and adjusted EBIT margin of around 13.0 to 16.0 percent Mid-term potential for the ContiTech group sector (without OESL): sales of around €5.0 billion to €6.0 billion and adjusted EBIT margin of around 11.0 to 13.0 percent ContiTech sale: review of special dividend and share buybacks from proceeds of sale Outlook for 2025: changed conditions have led to an adjusted sales outlook for ContiTech as well as an adjusted margin outlook for Tires and consequently for the Continental Group as a whole