Continental has announced to sell its ContiTech group sector to an affiliate of Lone Star Funds for 4 billion euros ($4.58 billion), which will turn the German auto parts giant into a pure-play tire manufacturer for the first time in its 155-year history.
The transaction, which is subject to regulatory approval and is expected to finish this year, also includes performance-based components of up to 250 million euros in subsequent years.
The sale of ContiTech, announced on Saturday, is the final step in Continental's realignment.
In February 2026, ContiTech's former Original Equipment Solutions business area was sold. This followed the spin-off in September 2025 of the former Automotive group sector, which has since been listed on the Frankfurt Stock Exchange as Aumovio.
ContiTech is one of the world's leading industrial specialists and employs around 22,000 people worldwide.
