Continental acquires family-owned belting manufacturer WCCO Belting headquartered in Wahpeton, North Dakota, USA. With this acquisition, the technology company complements its conveyor belting customer portfolio and strengthens its Conveying Solutions business in the agricultural industry. Additionally, equipment manufacturers, distributors, dealers, and farmers will benefit from a combined product and service portfolio generating a full multi-tier offering that will enable better support and service. “This strategic acquisition is a threefold perfect fit: portfolio, sales market and people. Moreover, we continue our transformation towards a holistic solutions provider in one of the growing industries, namely the off-highway industry”, says Philip Nelles, member of Continental’s Executive Board and head of the ContiTech Group Sector. Both parties have agreed not to disclose the terms of the transaction.
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