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Announced

Completed

S8 Capital completed the acquisition of plant in Russia from Continental.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Russian Federation

Private

Tires

Single Bidder

Friendly

Acquisition

car tires

Cross Border

Disposal

Infrastructure

Majority

Completed

Synopsis

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S8 Capital, a company that creates and develops high-tech products and services, completed the acquisition of plant in Russia from Continental, a motor vehicle manufacturing company. Financial terms were not disclosed. Continental has divested the majority of its activities in Russia as part of its announced controlled withdrawal from the Russian market, a decision taken by the technology company in response to the war against Ukraine.

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