Freudenberg plans sale of Brake components unit to Conti

ERJ staff report (DS)

Oberwihl, Germany - Freudenberg Sealing Technologies said it is investigating the possible sale of its precision moulding parts for brake systems to ContiTech Vibration Control GmbH.

Freudenberg yesterday informed the employee representatives at the locations in three countries - Andrézieux, France, Oberwihl, Germany and Querétaro - that negotiations on a potential sale have been started. A final decision should take place in the first half of 2012.

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Press release from Freudenberg