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Company type | Private |
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Industry | Automotive |
Founded |
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Founder | Ernst Sachs Karl Fichtel |
Defunct | 2011 |
Successor | Mannesmann ZF Friedrichshafen |
Headquarters | , Germany |
Area served |
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Products | |
Revenue | Euro 1.832 billion (2009)[1] |
Number of employees | 16,488 [1] (2009) |
Website | aftermarket |
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.
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.[2]
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 Motorcycles – motorcycles, mopeds,[3] motorised bicycles and all-terrain vehicles (ATVs).