Continental acquires mold specialist EMT Púchov

Continental has completed the acquisition of Slovakian mold manufacturing specialist EMT Púchov, effective 2nd April.

The tyre manufacturer had entered into a respective agreement with EMT’s majority shareholder, Dynamic Design in Romania. Further details of the agreement were not disclosed.

Continental now also has responsibility for all 107 of EMT’s employees, who are said to have specialist knowledge in mold manufacturing.

EMT is a manufacturer of special tyre molds, especially for commercial vehicle and specialty tyres. The company specialises in the milling of molds made of steel.

With the acquisition of EMT, Continental says it has completed its internal portfolio for mold making technologies.

From now on, the tyre manufacturer can independently produce tyre molds for all applications if required.

A first major step in this direction was the takeover of German mold manufacturer A-Z Formen in 2015 and Czech mold specialist VFC in 1993. Both companies specialise in producing molds for passenger car tyres.