Brief: Continental: Contitech Acquires FABA
01/10/2026 13:07
BRIEF-Continental: Contitech Acquires FABA Oct 1 (Reuters) - CONTINENTAL AG CONG.DE:
CONTITECH ACQUIRES FABA AND STRENGTHENS ITS CONVEYOR BELT BUSINESS IN THE MIDDLE EAST
TRANSACTION BECAME EFFECTIVE TODAY, OCTOBER 1
AROUND 130 EMPLOYEES ARE TRANSFERRING TO CONTITECH’S INDUSTRIAL SOLUTIONS EMEA BUSINESS UNIT
BOTH PARTIES HAVE AGREED NOT TO DISCLOSE THE FINANCIAL DETAILS OF THE ACQUISITION
Further company coverage: CONG.DE
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