Manufacturing & Industrial

Veyance Technologies (Continental Tires)

Carlyle Group acquired Continental AG's power transmission and conveyor belt business for $1.9B in 2014, rebranding it Veyance Technologies. Sold back to Continental for $1.9B in 2015 after restructuring.

FOUNDED
1871
ACQUIRED
The Carlyle Group, 2014, $1.9B

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Timeline

1871

Veyance Technologies (Continental Tires) founded

2014

Acquired by The Carlyle Group for $1.9B

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