ContiTech Bolsters Plastics Expertise – Acquisition

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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.
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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
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