Schaeffler Group

Schaeffler Technologies AG & Co. KG, also known as Schaeffler Group (Schaeffler-Gruppe in German), is a German manufacturer of rolling element bearings for automotive, aerospace and industrial uses. It was founded in 1946 by brothers Dr. Wilhelm and Dr.-Ing. E. h. Georg Schaeffler.

Schaeffler AG
Company typeAktiengesellschaft
FWB: SHA
IndustryAutomotive, Aerospace, Industrial
FoundersWilhelm Schaeffler
Georg Schaeffler
Headquarters,
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)
Number of employees
120,000 (2023)
SubsidiariesContinental AG, Vitesco Technologies, Barden Corporation, XTRONIC GmbH, Schaeffler India
Websitewww.schaeffler.com

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.

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.

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