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Drama about the automotive suppliers Continental and Schaeffler: The trauma of the Schaefflers

2020-10-01T08:23:46.479Z


The master of the suppliers Schaeffler and Continental wants one thing above all: to preserve the family heritage. However, Georg Schaeffler neglects the future - and thus damages the company.


Icon: enlarge

Mother and son:

Maria-Elisabeth Schaeffler

 and 

Georg

 in the matriarch's office in Herzogenaurach.

She has currently retired to her house in Kitzbühel.

Photo: 

Frank Zauritz

If Continental and Schaeffler were brought together, they would have a range of services to offer that would create a second national and global champion in Germany. "

Georg Schaeffler conjures up a great future on March 4, 2009. He wants to attack Bosch, the number one in the international supplier scene by some distance.

Mother Maria-Elisabeth and the son receive manager magazin at the corporate headquarters in Herzogenaurach, Franconia.

Icon: enlarge

Helpless in Hanover: Elmar Degenhart

was very successful as a Conti boss until 2018.

Since then he has always been late: when saving and when changing direction to the new car world.

Photo: Angelika Zinzow

The junior had just returned from the US to save the family's company from collapse.

At that time a man of 44 years, more stocky than slender, with a preference for double-breasted suits and a face that looks smooth and old-fashioned at the same time.

Father of four sons, two of whom are called Georg.

Divorced.

Since his father, also Georg, died in 1996, he has owned 80 percent of the Schaeffler Group.

Until then, Georg was working as a lawyer in Dallas, Texas;

He leaves the business to the board of directors and Maria-Elisabeth takes on the duties of representation.

It holds the remaining 20 percent in Schaeffler.

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Source: spiegel

All news articles on 2020-10-01

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