# Schaeffler signs business combination agreement to acquire Vitesco Technologies

Schaeffler AG signed a business combination agreement with Vitesco Technologies Group AG and announced a voluntary public tender offer for all Vitesco shares. The announcement was made from Herzogenaurach, Germany.

- Type: Acquisition
- Announced: 2023-11-27
- Where: Herzogenaurach, Germany
- Status: announced
- Products: automotive powertrain electronics
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Schaeffler](https://endata.com/companies/2238.md) (acquirer)
- [Vitesco Technologies](https://endata.com/companies/7771.md) (target)

## Sources

- [schaeffler.com](https://www.schaeffler.com/en/media/press-releases/press-releases-detail.jsp?id=87956993), 2023-11-27: "Schaeffler AG (the "Bidder") has designated for the publication of documents and information in connection with its voluntary public tender offer ... for all shares of Vitesco Technologies Group AG."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
