# Schaeffler AG completes merger with Vitesco Technologies Group AG

Schaeffler AG successfully completed the merger of Vitesco Technologies Group AG into Schaeffler AG, with Vitesco shares exchanged for new Schaeffler common shares at a ratio of 1:11.4, and conversion of Schaeffler non-voting common shares into common shares with full voting rights.

- Type: Acquisition
- Announced: 2024-10-01
- Where: Herzogenaurach, Germany, Germany
- Status: completed
- Products: automotive components, e-mobility systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [ayondo.com](https://www.ayondo.com/en/market-news/equity-story/DE000SHA0159), 2024-10-01: "Merger of Vitesco Technologies Group AG into Schaeffler AG successfully completed."

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