HANOVER, Germany—Change is good when it involves expansion and growth. Fortunately, that is exactly the kind of change taking place at Continental Surface Solutions, part of Continental A.G.'s ContiTech unit.
Continental in May acquired the Lodi Vecchio, Italy-based printing technology business from Trelleborg Group. The acquisition, Continental said, is a strategic step in the expansion of its surface solution offerings in the field of printing technology, and it offers a way to boost business with industrial clients.
Sven Hlywiak, senior vice president of Segment LivTec Continental Surface Solutions, leads the global industrial activities outside the automotive sector in the company's surface solutions business area. This acquisition, he said, is a win-win, especially for the company's customer base.
"Everyone gains from the merger," Hlywiak said. "The product portfolios of the two companies complement one another and are both characterized by a high level of brand awareness. Both businesses are already synonymous with innovation and quality in their own right. This move pools our collective expertise, allowing customers to benefit from impressive capabilities and an even broader global presence."