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Schaeffler

August 4, 2010

When family-controlled industrial group Schaeffler shocked world markets by announcing it was launching a hostile takeover bid for tyre-maker Continental in 2008, few gave them much hope of pulling it off, writes Marc Smith.

When family-controlled industrial group Schaeffler shocked world markets by announcing it was launching a hostile takeover bid for tyre-maker Continental in 2008, few gave them much hope of pulling it off, writes Marc Smith.

Schaeffler, which was set up in 1946 when brothers Wilhelm and Georg Schaeffler started rolling bearings business INA, had a turnover of €9 billion compared with Continental's €26 billion.

July 31, 2009

The Schaeffler family, owners of the car parts and ball bearings maker Schaeffler KG, are attempting to oust the chief executive of Continental, the car parts maker the family took over last year.

The Schaeffler family, owners of the car parts and ball bearings maker Schaeffler KG, are attempting to oust the chief executive of Continental, the car parts maker the family took over last year.

February 11, 2009

The Schaeffler family has, for the first time, made public comments about its takeover of rival Continental. In a wide-ranging, six-point defence of their actions, Maria-Elisabeth Schaeffler and son Georg have decided to set the record straight on their plans for the German automobile supplier as speculation builds in the mass media that the business could fail.

The Schaeffler family has, for the first time, made public comments about its takeover of rival Continental. In a wide-ranging, six-point defence of their actions, Maria-Elisabeth Schaeffler and son Georg have decided to set the record straight on their plans for the German automobile supplier as speculation builds in the mass media that the business could fail.

September 1, 2008

The story of the summer has been family-owned Schaeffler’s takeover bid of Continental. Neil Sen has a look at what happened and what it means for the company

The story of the summer has been family-owned Schaeffler's takeover bid of Continental. Neil Sen has a look at what happened and what it means for the company

"You can't get along in this world by being nice to everyone," Maria-Elisabeth Schaeffler, the head of the private, family-owned German engineering group Schaeffler, said in 2001 after her company's successful hostile bid for the much larger, listed company FAG Kugelfischer.

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