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    Article

    Continental buys Australian tyre network

    2018-08-21T15:12:46Z

    German tyre manufacturer Continental is purchasing the 258-branch Kmart Tyre and Auto Service chain (KTAS) from Australian conglomerate Wesfarmers for 350m Australian dollars ($253m). Continental plans to drive forward what is already a strong network of outlets and expand the existing product portfolio, said Ferdinand Hoyos, head of Continental’s passenger ...