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Schaeffler AG
Schaeffler's headquarters in Herzogenaurach, Germany.
Company type
Aktiengesellschaft
Traded as
FWB: SHA
Industry
Automotive, Aerospace, Industrial
Founders
Wilhelm Schaeffler Georg Schaeffler
Headquarters
Herzogenaurach
,
Germany
Area served
Worldwide
Key people
Klaus Rosenfeld, (CEO) Peter Pleus Dietmar Heinrich Matthias Zink Michael Söding Andreas Schick Corinna Schittenhelm Uwe Wagner Stefan Schindler
Revenue
€25 billion (2023)[1]
Number of employees
120,000 (2023)[1]
Subsidiaries
Continental AG, Vitesco Technologies, Barden Corporation, XTRONIC GmbH, Schaeffler India
Website
www.schaeffler.com
Schaeffler Technologies AG & Co. KG, also known as Schaeffler Group (Schaeffler-Gruppe in German), is a German manufacturer of rolling element bearings[2] for automotive, aerospace and industrial uses.[3] It was founded in 1946 by brothers Dr. Wilhelm and Dr.-Ing. E. h. Georg Schaeffler.[4]
The firm is currently majority owned by Maria-Elizabeth Schaeffler-Thumann and her son Georg F. W. Schaeffler through a series of holding companies. These holding companies, controlled by the Schaeffler family, also own controlling interests in Continental AG and Vitesco Technologies.[5]
Schaeffler Group owns the brands INA, FAG, and LuK. In Germany, these main brands are marketed by Schaeffler Technologies AG & Co. KG and LuK GmbH & Co. oHG.
Schaeffler has an Indian subsidiary, Schaeffler India, which is publicly listed on the National Stock Exchange of India and the Bombay Stock Exchange.[6]
^ ab"Schaeffler AG and Vitesco Technologies Group AG Sign Business Combination Agreement" (Press release). Herzogenaurach: Schaeffler Group. 27 November 2023.
^"FAG Bearing on Rolls Bearing Limited". Retrieved 28 February 2017.
^"Welcome to the Schaeffler Group". www.schaeffler.com. Retrieved 27 September 2023.
^"Schaeffler Group – Strategy – Overview". Schaeffler Group. 31 January 2017.
Schaeffler Technologies AG & Co. KG, also known as SchaefflerGroup (Schaeffler-Gruppe in German), is a German manufacturer of rolling element bearings...
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Multiair/UniAir electrohydraulic variable valve lift system from SchaefflerGroup, which Schaeffler in turn licensed from Fiat Chrysler Automobiles in 2001. The...
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Assicurazioni, an Italian insurance company INA, a division of the SchaefflerGroup Ina, Ibaraki, Japan Ina, Nagano, Japan Ina, Saitama, Japan Ina (river)...
Hollandia, the cables came from Italy, the bearings came from Germany (FAG/SchaefflerGroup), the spindle and hub were cast in the Czech Republic, the capsules...