Continental acquires Zytek Automotive
Automotive components major Continental has taken over full ownership of its former joint venture, Zytek Automotive, based in Fradley in the United Kingdom. This is effective from February 3, 2014. It previously had a 50 percent shareholding in Zytek Automotive. Both companies have agreed not to disclose the price for the acquisition. In future, Zytek Automotive will operate as a[Read More…]