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On course for growth: Continental restructures management of Specialty Tires business unit

Published January 28, 2021

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January 28, 2021 – Hanover, Germany: Continental has changed its management in the "Specialty Tires" business unit as of January 1.

Wolfgang Thomale, head of the entire Specialty Tires business unit, is also responsible for the associated Two-Wheel Tires segment. This was previously under the management of Thomas Falke. Falke, will from now on be responsible for the Commercial Specialty Tires segment, which Thomale had led since summer 2020.

With the internal shift, the business unit continues to follow its chosen growth path in the associated areas of Two-Wheel Tires, Hoosier Racing Tires and, in particular, Commercial Specialty Tires. In doing so, it will benefit from the wealth of experience of the two managers: Falke can look back on seven successful years as head of the Two-Wheel Tires division, during which he was able to consistently build up and expand the business with motorcycle and bicycle tires.

As an expert in growth in the specialty tire segment, he is now to expand the business with tires for highly specialized industrial, port, construction and agricultural machinery. Thomale takes his place at the business segment Two-Wheel Tires: Before moving to Specialty Tires, he gained many years of experience in the passenger car and light truck tire business. With his know-how in the B2C business, he will now consistently drive growth at Two-Wheel Tires.

Under the umbrella of the "Specialty Tires" business unit, Continental's complete range of specialty tires has been developed, produced and marketed worldwide since 2020: From tires for material handling, the agricultural, port, and construction sectors to bicycle and motorcycle tires and tires for racing use.

About Continental

Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent, and affordable solutions for vehicles, machines, traffic and transportation. In 2019, Continental generated sales of €44.5 billion and currently employs more than 233,000 people in 59 countries and markets. In 2021, the company celebrates its 150th anniversary.

The tire business area has 24 production and development locations worldwide. Continental is a leading tire manufacturer and with approximately 56,000 employees achieved sales of €11.7 billion in this business area in 2019. Continental is a technological leader in the area of tire production and offers a broad product range for cars, commercial and purpose-built vehicles as well as two-wheelers. Through continuous investment in research and development, Continental makes a significant contribution towards mobility that is safer, more cost-effective and more ecologically efficient. The portfolio of the tire business unit includes services for the tire trade and fleet applications as well as digital management systems for tires.

About Continental Bicycle Tires

More than 100 years’ experience in the development and production of bicycle tires has made Continental a unique company within the industry. Continental is the only German bicycle tire manufacturer to produce its tires in Germany. As a global player, Continental also maintains high-tech production facilities outside of Germany. One thing all Continental bicycle tires have in common is that they are developed in the technology center in Korbach, Germany, where they also undergo strict inspection. With revolutionary technologies such as the unbeatable Black Chili compound the company is a leading influencer in the international industry.

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