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Article: Continental Tire North America acquires shares of ERCO.
- Article from:
- Auto Business News (ABN)
- Article date:
- July 3, 2009
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Auto Business News-3 July 2009-Continental Tire North America acquires shares of ERCO(C)2009 ENPublishing - http://www.enpublishing.co.uk
Auto Business News - 03 July 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
Continental Tire North America (CTNA), a subsidiary of Continental Tire, has acquired a majority of shares of Compania Ecuatoriana del Caucho SA (ERCO), a leading passenger, light truck and commercial tyre company in Latin America.
This move will offer the company an improved competitive position in Latin America, through ERCO's distribution network in Ecuador and the Andean region, which includes the ...