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The merger of Schaeffler and Vitesco Technologies

The Schaeffler Group has been driving forward groundbreaking inventions and developments in the field of motion technology for over 75 years. Through the merger with Vitesco Technologies, Schaeffler is now taking another decisive step. Combined emerges the leading motion technology company, that makes motion more efficient, intelligent, and sustainable.

Following completion of the integration, Schaeffler will reach an annual revenue of around €25 billion, a workforce of some 120,000, more than 44 Research & Development Centers and more than 100 production sites in all the world’s major regions.

Schaeffler and Vitesco Technologies

What’s behind the integration? Objectives and strategic motivation at a glance.

With the merger of Schaeffler and Vitesco Technologies we combine the innovative and operational strength of both companies under the Schaeffler brand. What unites us is a shared pioneering spirit. The motion technology company will globally occupy a leading position in their markets with long-term benefits for all stakeholders.

Convincing strategic rationale

  • The merger will create a high-growth organization and will lastingly improve Schaeffler’s competitiveness by combining highly complementary solutions and technologies.
  • Together Schaeffler and Vitesco Technologies will make motion more efficient, intelligent, and sustainable, securing a strong competitive edge for the future. Customers benefit from the combined innovation potential of both companies and from the future product portfolio and services offered by the four divisions in all major regions of the world.

The combined company

  • Schaeffler will consist of four focused divisions: E-Mobility, Powertrain & Chassis, Vehicle Lifetime Solutions and Bearings & Industrial Solutions. This offers customers a seamless innovative product range that encompasses ten customer sectors.
  • In the merger, the two companies combine their innovative strength, creating a future driven, innovative, and agile working environment with new opportunities for their employees. The new company and its workforce will equally benefit from the strong Schaeffler brand, the joint culture of innovation and a values-led family company with a long history.

The process of the merger

  • Key stakeholders have signalled their continuous support for the integration. After the Annual General Meetings in April 2024, at which the shareholders of both companies approved the merger of Vitesco into Schaeffler, the first day as a combined company lies within reach.
  • A strong common value base is the cornerstone and the baseline of the merger.

Stronger Together

Klaus Rosenfeld, CEO Schaeffler AG

By combining Schaeffler and Vitesco Technologies, we build the leading Motion Technology Company. The combined company will consist of four focused divisions, be characterized by strong regions and offer numerous benefits for customers, employees and business partners.

Andreas Wolf, CEO Vitesco Technologies

Especially in the fields of electrification, both companies have highly complementary technology portfolios. This allows the future combined company to offer best-in-class solutions across all dimensions, leveraging the accelerating growth opportunities in e-mobility.

Benefits for both sides

What opportunities arise from the merger of Schaeffler and Vitesco Technologies? A look at the expected benefits, synergies, and future positioning.

Innovative strength

Linked by a shared pioneering spirit, Schaeffler and Vitesco Technologies have created cultures that fosters technologies and innovations and have a strong focus on sustainability. In the merger, the two companies combine their innovative strength for long-term value creation.


The merger offers the unique opportunity of numerous benefits and immense potential for added value. Overall, synergies amounting to €600 million per year are expected.

Market reach

The four divisions of the combined company will each occupy a leading position in their markets. The regions will complement these with a structured local customer focus and enable targeted action in promising growth markets.


Both companies share a strong focus on sustainability. Sustainable action will continue to characterize the corporate culture of the listed family business. The merger marks a significant step in making motion sustainable while uniting sustainability and profitability.

Customer focus

Through a shared dedication to customer satisfaction and excellence, Schaeffler and Vitesco Technologies remain committed to offer highly complementary technologies and solutions that stand out for their quality, in-depth system knowledge and manufacturing excellence. The technologically leading divisions and strong regional organizations ensure a focus on customers and their needs.

Company culture/ Strong employer

The new company will create attractive career opportunities for employees, especially in future-oriented areas of technology and regions, as well as long term professional development and perspectives. As a family company rich in tradition, Schaeffler is synonymous with responsible business practices, stable corporate development, and a pro-actively, collectively shaped corporate culture.


What will the future product range look like? The four divisions and their complementary technologies and solutions summarized.

  • Establish a leader in e-mobility with best-in-class technologies and strong product portfolio
  • High-growth business supported by large orderbook
  • Managed for profitable growth with margin improvement

E-Mobility | Schaeffler

Electrification | Vitesco Technologies

Powertrain & Chassis
  • Maximize value with conventional powertrain and capture profitable chassis growth
  • Mature powertrain business, plus chassis growth opportunities
  • Managed for value generation, margin, and free cash flow

Engine | Schaeffler

Transmission | Schaeffler

Chassis | Schaeffler

Powertrain | Vitesco Technologies

Vehicle Lifetime Solutions
  • Develop a global integrated platform provider addressing customer needs along the entire vehicle lifecycle
  • Growth business with high margins and low capital intensity
  • Managed for profitable growth and free cash flow

Vehicle Lifetime Solutions | Schaeffler

Aftermarket | Vitesco Technologies

Bearings & Industrial Solutions
  • Build the leading global Bearings & Industrial Solutions company operating in four market clusters
  • Growth business with clear margin improvement pathway
  • Managed for value generation, margin, and free cash flow

Bearings & Industrial Solutions | Schaeffler

Automotive Bearings | Schaeffler

Further information

Where can I find more content on the integration of Schaeffler and Vitesco Technologies? Further information on events, publications and contact options.

Dates & Events of Schaeffler and Vitesco

Dates & Events

Schaeffler First Half Results 2024

Vitesco Technologies publication of the interim report for H1 2024

Q4 2024

Schaeffler Nine Month Results 2024

Vitesco Technologies publication of the quarterly statement for Q3 2024

Contact at Schaeffler


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