European Commission Green-lights Lone Star's Purchase of Continental AG's ContiTech

06:51 AM EDT, 10/13/2026 (MT Newswires) -- The European Commission cleared the acquisition of ContiTech Deutschland, a unit of automotive parts manufacturer Continental AG (CON.F), by US-based Lone Star Global Acquisitions. The regulator said Tuesday that the deal, which relates to the supply of rubber and thermoplastic products, would not raise competition concerns due to the companies' limited market positions following the acquisition.