Position slightly expanded - $SHA0 (-0,1 %) Schaeffler
The merger with Vitesco could bring about a turnaround in the coming years.
In addition to the realization of sales and cost synergies, the implementation of the integration includes the merging of processes and IT applications, the establishment of a new sales and customer support model for key accounts, as well as all activities to streamline existing legal structures in the countries in which Schaeffler and Vitesco previously operated with separate companies.
