Fusion from Schaeffler and Vitesco are fully powered by dpa-AFX

HERZOGENAURACH (dpa-AFX) – The merger of both Unternehmen Schaeffler (ETR:) and Vitesco (ETR:) of one of the largest automotive industries in the world has been axed. If the transaction is carried out in the commercial register, the transaction can be carried out by the service, while the external services are in the Mittelfränkische Herzogenaurach Mitteilte.

The new Unternehmen functions under the Names Schaeffler. Es hat nach der Schmelzung non wellweit more as 100 Werke and rund 120 000 Beschäftigte. For the year 2023, it is a year ago that an amount of 25 billion euros was collected. Schaeffler has earned a Vitesco an amount of 16.3 billion euros in the year 2023. Vitesco war 2019 aus der ehemaligen Antriebssparte der Continental (ETR:) AG hervorgegaan en 2021 itself en die Börse be brought.

The Zusammenschluss will save 600 million euros. Schaeffler chef Klaus Rosenfeld had brought great cuisine to Stellenstreichungen ins Gespräch. If you use a part of the majority of the einsparungen, there are no personal results.