Schaeffler Sells Chinese Turbocharger Business to Xiling
Schaeffler AG has agreed to sell its Chinese turbocharger business, part of Vitesco Automotive Shanghai Co., Ltd., to Chengdu Xiling Power Science & Technology. This decision aligns with Schaeffler's strategy to streamline its portfolio post-Vitesco acquisition. The business generated around 100 million euros in revenue last fiscal year and employed about 50 staff. The sale is expected to complete in the first half of 2026, pending regulatory approvals, with measures in place to ensure project continuity for customers.
Schaeffler AG has signed an agreement to sell its declining Chinese turbocharger business, consolidated under Vitesco Automotive Shanghai Co., Ltd., to Chengdu Xiling Power Science & Technology Incorporated Company, a leading Chinese specialist in turbocharger technology. The business, which joined Schaeffler as part of the 2024 acquisition of Vitesco Technologies, generated approximately 100 million euros in revenue in the last fiscal year and employed around 50 staff as of August 2025. The transaction is part of Schaeffler’s ongoing strategy to streamline its business portfolio following the Vitesco acquisition. Completion of the sale is expected in the first half of 2026, subject to regulatory approvals and mutual agreement. The agreement includes provisions to ensure uninterrupted supply to ongoing projects and minimize risks for customers. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schaeffler AG published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: corporate_2223150_de), on November 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
