Continental Unit Acquires FABA
Continental AG announced that its unit, Contitech, has acquired FABA.
Story updates
12:18:12 PM UTC
SquawkNews
German car parts supplier Continental XETR:CON said on Thursday that its ContiTech division has acquired Middle East material handling and conveyor systems provider Faba Commercial Services.The transaction took effect on October 1, the company said, adding that financial terms would not be disclose…