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
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. The new trainee workshop for 121 trainees and seven training staff is opened in the presence of Maria-Elisabeth Schaeffler.