The Schaeffler Group has been driving forward groundbreaking inventions and developments in the field of motion technology for 80 years. With innovative technologies, products, and services for electric mobility, CO₂-efficient drives, chassis solutions and renewable energies, the company is a reliable partner for making motion more efficient, intelligent, and sustainable – over the entire life cycle. Schaeffler describes its comprehensive range of products and services by means of eight product families: From bearing solutions and all types of linear guidance systems through to repair and monitoring services. Schaeffler is with around 110,000 employees and more than 250 locations in 55 countries, one of the world’s largest family-owned companies and one of Germany’s most innovative companies.
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Festo is a global player and an independent family-owned company with headquarters in Esslingen am Neckar, Germany. Festo has set standards in industrial automation technology and technical education ever since its establishment, thereby making a contribution to sustainable development of the environment, the economy and society. The company supplies pneumatic and electrical automation technology to 300,000 customers of factory and process automation in over 35 industries. The LifeTech sector with medical technology and laboratory automation is becoming increasingly important. The products and services are available in 176 countries. With about 20,700 employees in over 250 branch offices in 61 countries worldwide, Festo achieved a turnover of around €3.36 billion in 2021. Each year around 7% of this turnover is invested in research and development. In this learning company, 1.5 % of turnover is invested in basic and further training. Festo Didactic SE is a leading provider of technical education and training and offers its customers worldwide comprehensive digital and physical learning solutions in the industrial environment.
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The Würth Group is the global market leader in the development, production and sale of fastening and assembly materials. The Würth Group is operating worldwide and currently consists of more than 400 companies with more than 2,500 pick-up shops in over 80 countries.
In its core business, the manufacturing of assembly and fastening materials, the Würth Group is a firmly established market player. Offering a range of more than 125,000 products, Würth is a reliable partner for more than four million customers from the trades and industry. Other trading and production companies, known as the Allied Companies, operate in related business areas, ranging from the electrical wholesale and electronics to financial services. The performance of the Würth Group is distinguished by customer proximity, services and excellent quality.
The Würth Group has more than 85,000 employees, over 43,000 of whom work directly with customers everyday through the Group’s different sales channels. According to preliminary annual financial statements, the Group generated sales of EUR 19.95 billion in the 2022 fiscal year.