ContiTech sales up

ContiTech, one of Continental AG’s five divisions, generated sales of €3.6 billion in the past fiscal year, an increase of 16%. Among the Hanover, Germany-based technology company’s products are conveyor belts used in the quarrying and mining industries.

July 16, 2012 Read time: 1 min

3817 ContiTech, one of Continental AG’s five divisions, generated sales of €3.6 billion in the past fiscal year, an increase of 16%. Among the Hanover, Germany-based technology company’s products are conveyor belts used in the quarrying and mining industries.

For more information on companies in this article

ContiTech

ContiTech increases sales 1.3% in 2014 to €3.9 billion

January 27, 2014

ContiTech acquisition strengthens drive belt presence in China

September 4, 2013

ContiTech acquires Metso’s industrial conveyor belt operations

The ContiTech Conveyor Belt Group, Northeim, Hanover, Germany, is strengthening its conveyor belts business for industrial applications with the acquisition of Metso´s industrial conveyor belt operations based in Helsinki, Finland.

Both sides have agreed not to disclose the purchase price. Transfer of the business is scheduled for Q4 2013.

Relating documents have been signed by both parties, and the transaction scope includes a production plant in Kalkku, Finland, where ContiTech will continue to manu

August 5, 2014

ContiTech opens new sales office in Peru

German conveyor belts manufacturer, the ContiTech Conveyor Belt Group, has opened a sales office in Lima, the capital city of Peru, with the goal of building up a local service team that supervises projects on location. “Peru's mining sector is the fastest growing mining sector in South America. Many investments are being planned for the coming years. Furthermore, Peru has a large number of mineral resources that have not yet been tapped into,” says Silvia Braatz, director of Peru operations.