Continental completes Modi Tyres acquisition

Continental, one of the leading international automotive suppliers and the world’s fourth largest tire manufacturer, has completed the 100 percent acquisition of shareholding in Modi Tyres Company Limited (MTCL), a subsidiary of Modi Rubber Limited.

22 Jul 2011 | 25436 Views | By Autocar Pro News Desk

Continental, one of the leading international automotive suppliers and the world’s fourth largest tire manufacturer, has completed the 100 percent acquisition of shareholding in Modi Tyres Company Limited (MTCL), a subsidiary of Modi Rubber Limited. Further to the announcement in April, Continental confirms that it has now received the necessary ...

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