15 Apr 2013
ERJ staff report (BC)
Hanover – The fluid technology business unit of ContiTech has undergone a “structural realignment”, says the company.
Its heating/cooling/turbocharger (HCT) segment is being divided into two – a new heating/cooling systems segment will concentrate on the previous water-related product areas, while a new air induction systems segment will “look to a larger market”, addressing not only charge air lines but all other lines for air induction systems.
The HCT segment has been separated due to divergencies in both the markets for the respective product lines and their product life cycles.
Matthias Schönberg, head of the HCT business unit, said: "Separating it into two distinct segments means that each can target its respective markets even more specifically."
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