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Article: Continental Tire The Americas Announces Investment to Strengthen Presence in Latin America.

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PR Newswire
Article date:
July 2, 2009
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Acquires Majority Shares of Compania Ecuatoriana del Caucho S.A. (ERCO).

Strengthens Continental's Operations in Growing Andean Region Market

Access to ERCO's distribution network completes Continental's footprint in all markets in The Americas.

FORT MILL, S.C., July 2 /PRNewswire/ -- Continental Tire North America (CTNA) today announced it has acquired the majority ownership of a leading passenger, light truck and commercial tire company in Latin America, Compania Ecuatoriana del Caucho S.A. (ERCO). The acquisition will give Continental a significantly improved competitive position in Latin America, through ERCO's strong distribution network ...

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