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About the company
Schaeffler AG is a Germany-based company primarily engaged in the manufacture of automotive parts. Its activities are divided into two business segments: Automotive and Industrial. The Automotive segment comprises four subdivisions: Engine Systems, such as rolling bearing solutions, products for belt and chain drives, as well as valve train components; Transmission Systems, torsion and vibration dampers, clutches and double clutch systems, torque converters, bearing solutions and gearshift components; Chassis Systems, such as wheel bearings, steering components and power-assisted steering systems; and Automotive Aftermarket, offering repair service, among others. The Industrial segment is managed based on regions: Europe, Americas, Greater China and Asia/Pacific. The Company is also active in the field of digitalization of production.
- Revenue in EUR (TTM)16.38bn
- Net income in EUR307.00m
- Incorporated2014
- Employees83.99k
- LocationSchaeffler AGIndustriestrasse 1-3HERZOGENAURACH 91074GermanyDEU
- Phone+49 9132820
- Fax+49 9 132824950
- Websitehttps://www.schaeffler.com/fork/
Mergers & acquisitions
Acquired company | SHA0X:GER since announced | Transaction value |
---|---|---|
Aerosint Sa | -6.60% | -- |
Vitesco Technologies Group AG | -11.04% | 1.58bn |