Continental, a technology company in Auburn Hills with global headquarters in Germany, has announced plans to acquire the anti-vibration systems business of Novi-based Cooper Standard. Terms of the transaction were not disclosed.
Continental plans to close the deal in the first half of the year. The anti-vibration systems unit runs five production sites including research and development facilities in Canada, France, India, and the U.S. It has a workforce of nearly 1,000 employees.
Kathryn Blackwell, vice president of communications and marketing, says the anti-vibration systems business has expertise is vibration control technology and sound insulation. It develops solutions that mitigate noise, vibration, and harshness in vehicles to improve suspension comfort and handling.
“This acquisition is enhancing Continental’s vibration control business and our ability to serve the automotive industry on a global basis,” says Blackwell.
Continental has been involved in the field of vibration control technology and sound insulation for more than 80 years. It develops and manufactures active and passive vibration-optimized mount components and weight reduction systems for engines, gearboxes, and other components that enhance safety and comfort.
Continental employs around 244,000 people in 61 countries and markets.