- WKN: SHA015
- ISIN: DE000SHA0159
- Land: Deutschland
Nachricht vom 30.11.2021 | 12:48
Schaeffler AG: Schaeffler Group celebrates company anniversary - in motion for the last 75 years
DGAP-News: Schaeffler AG
/ Key word(s): Miscellaneous
- The global automotive and industrial supplier Schaeffler is celebrating its 75th anniversary with an online anniversary ceremony
- Company history newly configured on the Schaeffler homepage
- Publication of a book on the family and company history by Professor Dr. Gregor Schöllgen
- Establishment of the Schaeffler Foundation to mark the 75th anniversary of the company
Success based on pioneering spirit, innovations, and strategic acquisitions
This invention laid the foundation for the company's continuing global success. In 1965, the Schaeffler brothers decided to invest in LuK Lamellen und Kupplungsbau GmbH in Bühl (Baden), where the Automotive Technologies division is now based. The company became a technological leader with innovative products such as the diaphragm spring clutch, dual-mass flywheel as well as a variety of engine components. Since 1999, LuK has been a fully owned entity of Schaeffler.
In 2001, Schaeffler took over FAG Kugelfischer Georg Schäfer AG in Schweinfurt, making Schaeffler the world's second-largest manufacturer of rolling bearings. The successful IPO of Schaeffler AG followed in 2015. Today, the three product brands INA, LuK, and FAG are united under the Schaeffler corporate brand.
"Schaeffler's pioneering spirit has always been crucial to the success of the company. Even throughout its challenging phases, the company has demonstrated a high degree of resilience and a constant willingness to view profound change as an opportunity. As shareholders, we are particularly aware that this success, spanning several decades, is primarily driven by our committed employees around the globe, as well as our customers and suppliers," explains Georg F. W. Schaeffler, Family Shareholder and Chairman of the Supervisory Board of Schaeffler AG.
Transparent and scientific handling of the company's history
"Schaeffler has always demonstrated an extraordinary capacity for innovation and a high level of social responsibility," says Prof. Dr. Schöllgen. "The curiosity and future-oriented focus that drove the two founders still remain the key strengths of this traditional family company today."
Establishment of the Schaeffler Foundation
With its Roadmap 2025, the Schaeffler Group has clearly positioned itself strategically with a view to the future. It consistently focuses the company, with its three divisions, on transformation in ten customer sectors in order to remain the preferred technology partner for its customers in the future. Sustainability and digitalization are at the center, supported by five focus areas around topics such as CO₂-efficient drives and renewable energies.
"As long as there is motion, there will be Schaeffler. At Schaeffler, innovation, quality, an understanding of systems, and manufacturing excellence combine to form a common and strength. With this strength and the DNA of the family-owned company, we are optimally equipped for the future," says Klaus Rosenfeld, CEO of Schaeffler AG.
As a leading global supplier to the automotive and industrial sectors, the Schaeffler Group has been driving forward groundbreaking inventions and developments in the fields of motion and mobility for over 70 years. With innovative technologies, products, and services in the fields of CO₂-efficient drives, electric mobility, Industry 4.0, digitalization, and renewable energies, the company is a reliability partner for making motion and mobility more efficient, intelligent, and sustainable. The technology company produces precision components and systems for drive train and chassis applications as well as rolling and plain bearing solutions for a multitude of industrial applications. The Schaeffler Group generated sales of approximately EUR 12.6 billion in 2020. With around 83,900 employees, the Schaeffler Group is one of the world's largest family companies. With more than 1,900 patent applications in 2020, Schaeffler is Germany's second most innovative company according to the DPMA (German Patent and Trademark Office).
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|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1252788|
|End of News||DGAP News Service|
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