ITT, Continental sign 10-year strategic aftermarket agreement
The agreement is expected to generate more than $1 billion in revenue over the term
ITT Inc., a US-based manufacturer of critical components and customized technology solutions for the energy, transportation and industrial markets, announced that it has signed a 10-year strategic agreement for the supply of aftermarket brake pads to Continental AG, a global automotive supplier, according to a press release dated March 20.
Thank you for visiting S&P Global AutoTechInsight.
To get access to the AftermarketInsight full suite of services, please contact us by clicking here.
Already a subscriber? Please log in here.