Continental Tyre Group acquires Bandvulc Group

Continental Tyre Group, a wholly owned subsidiary of Continental AG, announces the acquisition of Bandvulc (B.V. Environmental Ltd.), a leading UK fleet management service provider and independent truck tyre retreader.

This deal sustainably strengthens Continental Tyre Group’s position in the in the UK and Irish market. The takeover will establish Bandvulc as a wholly owned subsidiary of Continental U.K. Group Holdings Limited.

With over 40 years of experience in hot retread and casing management, Bandvulc has had a close working relationship with Continental Tyres for over 25 years. The current UK factory at Ivybridge will continue to offer high quality retreads in both ContiRe and Bandvulc brands going forward, with plans for further investment to widen the range of ContiRe produced in the UK. While Continental will benefit from the ownership of a local production facility it also allows the current Bandvulc business to expand, with access to Continental’s global network of customers and fleet services.