Press Release ContiTech Fluid Technology ContiTech Bolsters Plastics Expertise – Acquisition of Blow Molding Specialists Inotec Inotec and Präzisionstechnik Geithain to join ContiTech Improved positioning in fast-growing blow-molding technology market Sites and employees will be retained Hanover/Leipzig, April 1, 2014. ContiTech is expanding its plastics expertise. On April 1, 2014, it is buying the companies Inotec Innovative Technologie GmbH (Inotec) in Kohren-Sahlis and Präzisionstechnik Geithain GmbH (PTG) in Geithain. With some 80 employees, the two companies in the German state of Saxony have substantial expertise in the field of blow-molding technology. Both are long-time suppliers to ContiTech. Inotec and PTG complement Continental's in-house machine and plant engineering team at ContiMachinery. The acquisition creates a new technology center for the blow-molding business at Continental. It supports the company's plans for growth through innovation and international service in the blow-molding technology sector at all ContiTech locations. Jobs at the two new locations will be retained. "The market for plastic charge-air hoses and clean-air hoses is experiencing rapid growth. By acquiring Inotec, we are securing knowledge about processes and tools that we previously sourced outside the company," says Joachim Geimer, head of the Air Induction Systems segment. "There are really very few good blow-molding manufacturers with such a broad offering that are capable of also mapping the entire downstream machining process. Inotec is one of them.” The entire production of blow-molding tools as well as product sampling is to be brought together in KohrenSahlis. Founded in 1994, Inotec specializes in tool and special machine construction for blow-molding technology. The service also includes prototype construction and a sampling service. Founded in 2008, PTG is an Inotec supplier specialized in the production of components for special machines and blow-molding tools. 1/2 Your contact: Mario Töpfer, +49 511 938-1304 -2Caption CT_AG_Inotec.jpg Knut Hensel of Inotec, Edwin Weigel, Head of Human Resources Manufacturing Stöcken at Continental, and Joachim Geimer, Segment Manager Air Induction Systems at ContiTech, with the prototype of a blow mold (from left). Photo: ContiTech With sales of around €33.3 billion in 2013, Continental is among the leading automotive suppliers worldwide. As a supplier of brake systems, systems and components for powertrains and chassis, instrumentation, infotainment solutions, vehicle electronics, tires and technical elastomers, Continental contributes to enhanced driving safety and global climate protection. Continental is also an expert partner in networked automobile communication. Continental currently employs around 178,000 people in 49 countries. The ContiTech division numbers among the leading suppliers of a host of technical rubber products and is a specialist for plastics technology. The division develops and produces functional parts, components and systems for the automotive industry and other important industries. ContiTech currently has a workforce of approximately 29,700 employees. In 2013 it recorded provisional sales of about €3.9 billion. Contact for journalists Mario Töpfer Head of Technical Media Relations ContiTech AG Vahrenwalder Strasse 9 30165 Hanover, Germany Phone: +49 511 938-1304 Fax: +49 511 938-1305 E-mail: mario.toepfer@contitech.de www.contitech.de Peter Abbes Head of Communications ContiTech Fluid Technology ContiTech AG Vahrenwalder Strasse 9 30165 Hanover, Germany Phone: +49 511 938-14023 Fax: +49 511 938-14025 E-mail: peter.abbes@contitech.de www.contitech.de This press release is available in the following languages: German, English Links Press releases and photos are available for download at www.contitech.de/press Your contact: Mario Töpfer, +49 511 938-1304