Continental strategically acquires Hoosier Racing Tire

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Continental has acquired Hoosier Racing Tire based in Lakeville, Indiana, in the USA, as well as a majority stake in Zonar Systems Inc., Seattle, Washington, a company specializing in fleet management solutions.

Hoosier Racing Tire currently has around 500 employees and is considered one of the largest manufacturers of racing tires in the world. Continental and Hoosier already have seven years of successful collaboration. During this time, the two companies have worked together on various development and motorsport projects.

With a total of 330 employees, Zonar provides solutions for managing private and public commercial vehicle fleets in the North American market. This acquisition greatly expands Continental’s presence in the US market.

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Rachel's career in journalism began around five years ago when she started working for UKi Media & Events, having recently graduated from Coventry University where she studied the subject. Her favourite aspect of the job is interviewing industry experts, including researchers, scientists, engineers and technicians, and learning more about the ground-breaking technologies and innovations that are shaping the future of the automotive and tire industries.

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