ContiTech Power Transmission Group acquired Memphis-based Cadna Rubber Company, a North American distributor of power transmission belts, hoses, and metal components, to strengthen its U.S. automotive aftermarket position. The integration expands Cadna’s product range, grows ContiTech’s customer network, and enhances distribution across the NAFTA region, with new serpentine belt SKUs already slated for launch.
Buyer
ContiTech
Target
Cadna Rubber Company, Inc
Transaction Type
Buy Side
Closed
July 2014
Role
Buy-side advisor