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Schaeffler AG Industriestraße 1-3 91074 Herzogenaurach, Germany http://www.schaeffler-group.com
Contact Mr Marcus Brans +49 9132 823135
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Schaeffler AG

Transformation of Schaeffler GmbH into Schaeffler AG has been finalized

(PresseBox) (Herzogenaurach, )
The transformation of Schaeffler GmbH into a stock corporation (Schaeffler AG) announced by the Supervisory Board in September became effective with the entry in the Commercial Register on October 13. Schaeffler GmbH is now called Schaeffler AG.

As well as the entire operational business of the Schaeffler Group, all the operational holdings companies affiliated to the Group and the Group's real estate are bundled in Schaeffler AG. This means the planned transformation to a stock corporation, which was announced some time ago, has been successfully concluded and it creates even more flexibility and several options for the company. There are no plans to float Schaeffler AG on the stock market.

Schaeffler AG

The Schaeffler Group with its three strong brands INA, LuK and FAG is a leading provider of rolling bearings and linear products as well as a renowned supplier to the automotive industry of high-precision products and systems for engines, transmissions and chassis applications. The group of companies stands for global customer proximity, innovative ability and the highest possible level of quality. Sales of €9.5 billion were generated at over 180 locations in more than 50 countries in 2010. With over 70,000 employees worldwide, the Schaeffler Group is one of the largest German and European industrial companies in family ownership.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.