ZF Sachs

ZF Sachs AG, also known as Fichtel & Sachs, was founded in Schweinfurt in 1895 and was a well-known German family business. At its last point as an independent company, the company name was Fichtel & Sachs AG.

Fichtel & Sachs
Company typePrivate
IndustryAutomotive
Founded
(as Schweinfurt Precision Ball Bearing factories)
FounderErnst Sachs
Karl Fichtel 
Defunct2011
SuccessorMannesmann
ZF Friedrichshafen 
Headquarters,
Germany
Area served
  • Worldwide
Products
Revenue Euro 1.832 billion (2009)
Number of employees
16,488  (2009)
Websiteaftermarket.zf.com/go/en/sachs/home

In 1997, the automotive supplier was taken over by Mannesmann and renamed Mannesmann Sachs AG. As of 2001, Sachs belonged to ZF Friedrichshafen as a subsidiary company ZF Sachs AG. In 2011, ZF Sachs, like other Group subsidiaries, was legally merged with ZF Friedrichshafen AG and the independent business units integrated into the ZF divisions. Sachs has since become a brand of ZF Friedrichshafen AG. The head office for development, production and sales of products of the brand Sachs remained in Schweinfurt. The Schweinfurt plant is today (2017) the largest location of the automotive supplier ZF Friedrichshafen.

Today, Fichtel & Sachs is a German manufacturer of automotive parts, producing powertrain and suspension components. In the past the company also having produced ball bearings, motorcycle engines, bicycle parts and – via its subsidiary Sachs Motorcyclesmotorcycles, mopeds, motorised bicycles and all-terrain vehicles (ATVs).

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.