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Vitesco Technologies publishes Reasoned Statement on the Public Tender Offer and enters into Business Combination Agreement with Schaeffler

Vitesco Tech merger with Schaeffler Group likely soon

Vitesco Tech merger with Schaeffler Group likely soon
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Schaeffler makes an offer for Vitesco Technologies

Switzerland: ABB eyes acquisition strategy to amp EV charging business

The company has stated that it’s researching different firms to increase its portfolio or the stakes on other players they already own. | PetrolPlaza

€33 7M AgiloDrive2 project for electric motor production launches

Consortium leader Schaeffler, along with with 17 partners (automotive and industrial supplier) has launched the AgiloDrive2 research project funded by the German Federal Ministry for Economic Affairs and Energy (BMWi). The aim of the three-year project is to develop an agile and digitalized production system complete with modular product concept.

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