Tag: Vitesco
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…
Ukraine war in the ticker: US stock exchanges in green — DAX gives way — ADLER: billion loss and no audit opinion — Berkshire Hathaway, Apple, Amazon, Netflix, TUI, Vitesco, ENCAVIS in focus | news
The German stock market suffers a setback at the start of the week. Of the DAX fell 0.72 percent to open at 13,996.82 points and remains weak. Of the TecDAX…
Interview with Vitesco boss Andreas Wolf – Economy
The office will come back, Andreas Wolf, head of the auto parts supplier Vitesco, is certain of that. On the other hand, he doesn’t cry for diesels and petrol engines.…
Vitesco goes public: DAX member for one day
As of: 16.09.2021 1:53 p.m. Curtain up for Vitesco: As a so-called spin-off, the Continental spin-off enters the Frankfurt trading floor – and is even traded on the DAX for…
Vitesco – going public – economy
The automotive supplier Vitesco wants to start earning money with components for electric cars from 2024. The area is growing rapidly and requires high investments, said Vitesco boss Andreas Wolf.…