History

Company history

 
 

2006

The German FAG Kugelfischer AG & Co. oHG and the INA-Schaeffler KG are integrated in the Schaeffler Group.

 

Maria-Elisabeth Schaeffler is made an honorary citizen of Herzogenaurach for her exceptional services to the city and the region.

 

The first joint main catalog of the INA and FAG brands is published. The 1,500-page compendium comprises approximately 40,000 standard products.

 

More than 100 customers from all over Europe visit the 2006 Innovation Days of Schaeffler Group Industrial in Schweinfurt.

 

The Schaeffler Group establishes a “Schaeffler Endowed Chair for Automotive Engineering” at Tongji University in Shanghai.

 

2007

Joint action by INA, FAG and SKF in the fight against product piracy at FAG in Schweinfurt. Around 40 tons of counterfeit rolling bearings are destroyed.

 

Plant opening in Pune/India

 

Hannover Messe Industrie. Among others, Federal Chancellor Angela Merkel and Federal Minister for Economics Michael Glos visit the booth of Schaeffler KG, which measures 930 m².

 

The twin tandem, a four-row angular contact ball bearing, replaces conventional tapered roller bearings in wheel bearings and contributes significantly to saving fuel.

 

Inauguration of the new R&D Center in Anting/China and the second plant in Taicang.

 

Federal President Horst Koehler awards the 1st Class Cross of Merit of the Order of Merit of the Federal Republic of Germany to Maria-Elisabeth Schaeffler.

 
In July, the Schaeffler Group makes a voluntary public takeover bid to the shareholders of Continental AG.

2008

In July, the Schaeffler Group makes a voluntary public takeover bid to the shareholders of Continental AG. An investor agreement is signed in August. The EU commission approves the takeover in December.

 
Construction of new plants in Vietnam and Mexico

Construction of new plants in Vietnam and Mexico

 
chaeffler Brazil celebrates its 50th anniversary.

Schaeffler Brazil celebrates its 50th anniversary. Around 4,300 people are employed by Schaeffler Brazil.

 
Inauguration of the training center at FAG in Wuppertal, Germany.

Inauguration of the training center at FAG in Wuppertal, Germany. The new trainee workshop for 121 trainees and seven training staff is opened in the presence of Maria-Elisabeth Schaeffler.

 
Schaeffler employees demonstrate in Herzogenaurach and in other locations in support of their company.

2009

Schaeffler employees demonstrate in Herzogenaurach and in other locations in support of their company. Around 8000 people take to the streets.

 
The Schaeffler Group concludes the takeover of Continental AG, based in Hanover.

The Schaeffler Group concludes the takeover of Continental AG, based in Hanover. The company pays EUR 75 per share. The Schaeffler Group now holds 49.90 percent of the voting rights at Continental AG and is therefore the company’s largest shareholder. Schaeffler transfers the additional tendered shares to financial institutions.

 
The company suffers a sharp decline in orders due to the financial and economic crisis.

The company suffers a sharp decline in orders due to the financial and economic crisis. The Schaeffler Group applies for short-time working in several areas of the company.

 
Volume-production readiness of the ball roller bearing.

Volume-production readiness of the ball roller bearing.

 
The Schaeffler Group receives the “Achievement Award” from Toyota in the suppliers’ category.

The Schaeffler Group receives the “Achievement Award” from Toyota in the suppliers’ category. This means Schaeffler is one of only four suppliers to receive this award.

 
In conjunction with Fiat, the Schaeffler Group develops and produces “UniAir

In conjunction with Fiat, the Schaeffler Group develops and produces “UniAir" – the world’s first fully-variable electrohydraulic valve control system. The system reduces fuel consumption and harmful substance emissions by up to 25 percent.

 
The Schaeffler Group presents its CO2ncept-10% vehicle, a joint advance development project implemented by Porsche and the Schaeffler Group.

The Schaeffler Group presents its CO2ncept-10% vehicle, a joint advance development project implemented by Porsche and the Schaeffler Group that achieves a total reduction in fuel consumption and CO2 emissions of ten percent by using new and optimized components.

 
At a press conference in Munich, Dr. Juergen M. Geissinger (CEO) and Klaus Rosenfeld (CFO) present half-year results for the first time in the company’s history.

2010

At a press conference in Munich, Dr. Juergen M. Geissinger (CEO) and Klaus Rosenfeld (CFO) present half-year results for the first time in the company’s history. The Schaeffler Group achieves an excellent operative result for the first half-year of 2010, which enables the company to make further investments in capacity and innovations.

 
The Schaeffler Group successfully overcomes the most serious economic crisis in recent history.

The Schaeffler Group successfully overcomes the most serious economic crisis in recent history. The company is already working at close to full capacity in all plants by mid 2010.

 
Towards capital-market structures: Schaeffler Technologies GmbH & Co. KG becomes the legal successor to Schaeffler KG.

Towards capital-market structures: Schaeffler Technologies GmbH & Co. KG becomes the legal successor to Schaeffler KG. The operational business of the Schaeffler Group and the shareholding in Continental AG is consolidated in one newly-established company – Schaeffler GmbH. It is entirely owned by the Schaeffler family.

 
9th Schaeffler Symposium is held in Baden-Baden, Germany.

9th Schaeffler Symposium is held in Baden-Baden, Germany. In conjunction with Continental, the Automotive division presents innovations for engine, transmission and chassis applications. 300 customers experience the sustainability of the division’s comprehensive product range.

 
Record number of visitors to the Innovation Days in Schweinfurt

Record number of visitors to the Innovation Days in Schweinfurt: 135 of the Industrial division's customers from twelve European countries gain an insight into the latest product developments.

 
CNA Innovation Prize

CNA Innovation Prize: The Center for Transportation & Logistics Neuer Adler e.V. (CNA) awards the innovation prize “Intelligence for Transportation and Logistics” to the Schaeffler Group for the train support system based on the generator sensor bearing.

 
Cooperation agreement with Henan University of Science and Technology in China.

Cooperation agreement with Henan University of Science and Technology in China.

 
Eco Globe for the UniAir product innovation, the world's first fully-variable electrohydraulic valve control system.

Eco Globe for the UniAir product innovation, the world's first fully-variable electrohydraulic valve control system. The prize is awarded annually for the most environmentally-friendly innovations in automotive applications.

 
Georg F. W. Schaeffler is elected Chairman of Schaeffler’s supervisory board during the board’s first constituent meeting.

Georg F. W. Schaeffler is elected Chairman of Schaeffler’s supervisory board during the board’s first constituent meeting.

 
The Schaeffler Group continues to expand its activities in Asia.

The Schaeffler Group continues to expand its activities in Asia and starts a program of investment worth EUR 300 million.

 
The Schaeffler Group presents its “Schaeffler Hybrid”, a concept vehicle that enables a practical comparison of the various options available for e-mobility to be made.

The Schaeffler Group presents its “Schaeffler Hybrid”, a concept vehicle that enables a practical comparison of the various options available for e-mobility to be made. The “Schaeffler Hybrid” not only has a volume-produced combustion engine from a basic vehicle, but also has a central electric motor and two wheel hub motors.

 
Schaeffler once again proves its innovative force after making 1,600 patent applications in 2010.

Schaeffler once again proves its innovative force after making 1,600 patent applications in 2010. According to the DPMA (German Patent and Trademark Office), Schaeffler Technologies GmbH & Co. KG makes 1,249 patent applications and 392 by Schaeffler’s product brand LuK. This means the Schaeffler Group is ranked 4th in terms of Germany’s most innovative companies.