Company History
  • 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.