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SHA.DE - Schaeffler AG

Profile of Schaeffler AG(SHA.DE), Schaeffler AG, together with its subsidiaries, manufactures and sells precision components and syste

About

ceo

Mr. Klaus Rosenfeld

sector

Consumer Cyclical

industry

Auto - Parts

website

https://www.schaeffler.com

exchange

XETRA

Description

Schaeffler AG, together with its subsidiaries, manufactures and sells precision components and systems for automotive and industrial applications in Europe, the Americas, China, and the Asia Pacific. The company's Automotive OEM division offers engine systems, including rolling bearing solutions, belt and chain drive products, valve train components, and systems for variable valve trains; and transmission systems, such as torsion and vibration dampers, clutches and double clutch systems, torque converters, CVT components, lightweight differentials, bearing solutions, and synchronizing and gearshift components. This division also provides chassis systems comprising wheel bearings, bearing solutions, steering components, electromechanical actuators for roll stabilizers, and power-assisted steering systems; and hybrid and electrical drive systems that include hybrid modules, electrical axle drives, and electrical wheel hub drives. Its Automotive Aftermarket division offers repair solutions for passenger cars, light commercial vehicles, heavy commercial vehicles, and tractors, as well as supporting services. The company's Industrial division provides components and systems. This division serves customers in the mobility, energy and raw materials, production machinery, aerospace, and industrial distribution. The company has a strategic partnership with Fraunhofer-Gesellschaft. The company was formerly known as INA Beteiligungsgesellschaft mit beschränkter Haftung and changed its name to Schaeffler AG in October 2014. The company was founded in 1946 and is headquartered in Herzogenaurach, Germany. Schaeffler AG is a subsidiary of IHO Verwaltungs GmbH.

CIK

N/A

ISIN

DE000SHA0159

CUSIP

D6T0B6130

Address

Industriestrasse 1-3

Phone

49 9132 82 0

Country

DE

Employee

83,362

IPO Date

Oct 9, 2015

Key Executives

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