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New Deal


Announced

Continental to buy Kathrein Automotive from Kathrein

Financials

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Tags

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Private

Telecommunications Equipment

Friendly

vehicle antenna systems

Acquisition

Pending

Germany

Single Bidder

Synopsis

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The technology company Continental is acquiring Kathrein Automotive GmbH, a subsidiary of Kathrein SE, one of the leading specialists in and manufacturers of vehicle antennas. The two parties agreed not to disclose the purchase price. “This transaction is a further consequent step towards reaching our strategic goals in restructuring the Kathrein Group,” says Anton Kathrein, CEO of the Kathrein Group.

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