Schaeffler Group

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Schaeffler AG

Schaeffler's headquarters in Herzogenaurach, Germany.
Company type	Aktiengesellschaft
Traded as	FWB: SHA
Industry	Automotive, Aerospace, Industrial
Founders	Wilhelm Schaeffler Georg Schaeffler
Headquarters	Herzogenaurach , Germany
Area served	Worldwide
Key people	Klaus Rosenfeld, (CEO)
Revenue	€25 billion (2023)[1]
Number of employees	120,000 (2023)[1]
Subsidiaries	Vitesco Technologies Barden Corporation XTRONIC GmbH
Website	www.schaeffler.com

Schaeffler Technologies AG & Co. KG, also known as the Schaeffler Group (Schaeffler-Gruppe in German), is a German manufacturer of rolling element bearings^[2] for automotive, aerospace and industrial uses.^[3] It was founded in 1946 by brothers Dr. Wilhelm and Dr.-Ing. E. h. Georg Schaeffler.^[4]

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.^[5]

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.^[6]