Tag: Schaeffler
Schaeffler wants to catch up with the big players in the industry – business
When the news of the planned takeover of Vitesco AG was out, Klaus Rosenfeld’s phone rang. It was a colleague on the board of a French company and greeted the…
Acquisition of Vitesco: How Schaeffler becomes one of the largest automotive suppliers – Business
Group boss Klaus Rosenfeld and chief supervisor Georg Schaeffler secretly engineered a huge deal. The owner family breaks a taboo and creates one of the largest automotive suppliers. Once a…
The takeover deal between Schaeffler and Vitesco is finalized – Economy
What both companies diplomatically disguised on Monday as a “merger”, “merger” or “combination” is de facto a takeover: Schaeffler AG is swallowing the drive specialist Vitesco Technologies. While shareholders are…
Schaeffler wants to swallow Vitesco – economy
Sneaking up and then striking unexpectedly – they’re pretty good at that at Schaeffler in Herzogenaurach. In 2001, the family business, which grew up with ball bearings, suddenly captured the…
Electric mobility supplier: Schaeffler wants to take over Vitesco
As of: October 9th, 2023 8:25 a.m The automotive supplier Schaeffler is reaching out to Vitesco to create an e-mobility specialist. It’s about cost savings of 600 million euros per…
How Klaus Rosenfeld is transforming Schaeffler into a technology group – Economy
From Uwe Ritzer Light blue above, rich dark blue below. And in between, a horizontal stripe in bright shades of green, as if dividing sky and sea. Klaus Rosenfeld, 56,…
How Klaus Rosenfeld is restructuring Schaeffler – Economy
From Uwe Ritzer Light blue above, rich dark blue below. And in between, a horizontal stripe in bright shades of green, as if dividing sky and sea. Klaus Rosenfeld, 56,…
Automotive supplier: Schaeffler wants to sell Russian plant
Status: 03/10/2023 1:43 p.m The automotive supplier Schaeffler wants to sell a Russian plant to a holding company owned by the Austrian company Wolf. The transaction is said to be…
Auto supplier: Schaeffler wants to benefit from US subsidies – Economy
The past year on a difficulty scale from one to ten? “Between eight and nine,” says Klaus Rosenfeld. “And if you ask me how we did, then between eight and…
Schaeffler: How a Putin understander gains influence – Economy
Wolfgang Reitzle is getting on in years, and there are indications that the former Linde boss will soon have more time for his Tuscan country estate, Villa Santa Stefano, where…