Wikipedia

Wikipedia

HomeRoutesPlaces of interest

This site uses cookies to improve your experience and the quality of our services. By using this site you agree to its use of cookies. More information Hide

Schaeffler Group

Sponsored links

Organisation

DE |

Public | FrenchGermanItalian

Source: Schaeffler KG

Schaeffler Technologies AG & Co. KG is a manufacturer of rolling element bearings for automotive, aerospace and industrial uses before October 9, 2015 IPO in Germany. It was founded in 1946 by brothers Dr. Wilhelm and Dr.-Ing. E. h. Georg Schaeffler.
In August 2008 the firm agreed to a staggered €12 billion acquisition of larger rival Continental AG, whereby Schaeffler would defer taking a majority stake until at least 2012. However, in 2011 Schaeffler sold off €1.8 billion worth of shares of Continental, reducing its stake from 75.1% to 60.3%. Currently, the company owns 46% of Continental shares. Schaeffler Group also owns the brands INA, FAG and LuK.

Source: Wikipedia.org

Copyright: CC 3.0

More information

Address

Erlangen-Höchstadt
Germany

More about this place of interest

Routes nearby

Related channels

Sponsored links

© 2006-2018 RouteYou - www.routeyou.com