Schaeffler Group
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 Schaeffler Group facts

• KG (also known as Schaeffler Group respectively Schaeffler Gruppe in German) is a privately owned major manufacturer of rolling element bearings for automotive, aerospace and industrial uses before October 9, 2015 IPO in Germany
• In August 2008 the firm agreed to a staggered €12 billion acquisition of larger rival Continental AG, whereby Schaeffler would defer taking a majority stake until at least 2012
• However, in 2011 Schaeffler sold off €1
• 8 billion shares of Continental, reducing its stake from 75
• 1% to 60
• 3%
• Currently, the company owns 46% of Continental shares
• Schaeffler Group also owns the brands INA, FAG and LuK
• In Germany, the main brands of the Schaeffler Group – INA, FAG and LuK – are marketed by Schaeffler Technologies AG & Co
• KG and LuK GmbH & Co