Schaeffler acquires XTRONIC GmbH | Press Releases | Schaeffler…

Schaeffler acquires XTRONIC GmbH | Press Releases | Schaeffler Germany

  • XTRONIC is a long-established development partner for electronics and software solutions in the automotive industry
  • The company developed the “Space Drive” drive-by-wire technology in partnership with Paravan
  • XTRONIC will be integrated into the Schaeffler Group as a separate German private limited company (GmbH)
  • Continued focus on relationships with OEMs and suppliers
  • Acquisition opens up new growth potential in Schaeffler’s Chassis Systems and E-Mobility business divisions

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