Schaeffler
Schaeffler is a global integrated supplier in the automotive and industrial sectors, specializing in high-precision components and systems for powertrain and chassis applications. The company manufactures a range of automotive parts, including clutches, dual mass flywheels, and bearing solutions. Schaeffler's operations are divided into three main divisions: Automotive Technologies, Automotive Aftermarket, and Industrial. The Automotive Technologies division focuses on engine systems, transmission systems, e-mobility, and chassis systems, while the Automotive Aftermarket division manages the supply of spare parts. The Industrial division provides components and systems for rotary and linear movements across various industrial applications. With approximately 85,000 employees and a presence in over 50 countries, Schaeffler is committed to driving innovation and sustainability in mobility and industrial motion, emphasizing CO2-efficient drives and smart technologies.
Vitesco Technologies
Acquisition in 2024
Vitesco Technologies is a global developer and manufacturer specializing in advanced powertrain technologies aimed at promoting sustainable mobility. Established as a standalone entity following its spin-off from Continental in September 2021, the company serves as a Tier I automotive supplier, providing components and systems for various vehicle types, including internal combustion engine (ICE), hybrid electric (HEV), battery electric (BEV), and fuel cell electric vehicles (FCEV). Vitesco operates through four key segments: electrification technology, electronic controls, sensing and actuation, and contract manufacturing. Its extensive product portfolio encompasses electronic controls, sensors, actuators, turbochargers, hydraulic components, battery management systems, on-board chargers, e-motors, inverters, and thermal management solutions, positioning it as a critical player in the evolving automotive landscape.
Naco Technologies Ltd specializes in the development, manufacturing, and supply of advanced nano coating technologies to a global clientele. Founded in 2009 and based in Riga, Latvia, the company offers a variety of high-performance coatings, including oil-enhanced, wear-protective, thermal barrier, and liquid-repellent solutions tailored for industries such as tooling, automotive, aerospace, and micro-chip production. In recent years, Naco has focused on supporting the hydrogen sector by building a manufacturing facility that provides ready-to-use coated parts for hydrogen production systems. By developing multilayer and multicomponent coatings specifically for green hydrogen applications like electrolyzers and fuel cells, Naco aims to enhance the reliability of these systems while minimizing the need for costly and scarce materials. In 2015, Naco was acquired by the Schaeffler Group, a Germany-based company.
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