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Lone Star-ContiTech deal under review in Australia

( August 24, 2026, 02:20 GMT | Official Statement) -- MLex Summary: London-based investment firm Lone Star Funds' proposed acquisition of ContiTech is under review by Australia's competition watchdog. Lone Star-controlled, Germany-based XSYS supplies analogue printing-plate mounting hardware in Australia, including sleeves, adapters and cylinders. Germany-based ContiTech provides engineered rubber, thermoplastic and fabric technology solutions across a range of industries and operates in Australia through several subsidiaries. The Australian Competition & Consumer Commission on Friday said the deadline for submissions on the deal is Aug. 28Statement follows. Questionnaire attached. ...

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