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Germany's Continental has announced that it will acquire the Italian thermoplastics specialist Merlett Gro.
At present, neither party has disclosed specific transaction data, and the closing of the transaction is subject to the approval of the relevant anti-monopoly authoriti.
"Smart hose solutions will help Continental's customers and industrial operators to increase their production efficiency and economic efficien.
Thermoplastic hoses are lighter and more flexible than rubb.
"The performance of thermoplastic elastomers is continuously improving and may provide the basis for potential applications in future senso.
Founded in 1952 by the Tamborini family, Merlett Group is one of Europe's leading manufacturers of flexible plastic hos.