Schaeffler tops German rich list!

One of the world’s largest producers of roller bearings and machine components, INA Waelzlager Schaeffler KG’smaria2 owners Maria-Elisabeth Schaeffler is the richest person in Germany who’s worth a huge €21.5 Billion!!

Following the death of her husband in 1996, Maria-Elisabeth took over INA with the help of her son Georg from 2009. The company was founded in 1946, by his father and uncle who originally made rakes, wooden spoons and clothespins.


Schaeffler develops and manufactures precision products for everything that moves – in machines, equipment, and vehicles as well as in aviation and aerospace applications – with its INA, LuK, and FAG brands.

The globally active group of companies is a leading manufacturer of bearings worldwide and a renowned supplier to the automotive industry. The company generated sales of approximately 11.2 billion euros in 2013. With more than 80,000 employees worldwide, Schaeffler is one of the largest German and European industrial companies in family ownership. With approximately 170 locations in 49 countries, Schaeffler has a worldwide network of manufacturing locations, research and development facilities, sales companies, engineering offices, and training centers.

INA Bearing Company Ltd and FAG Sales Europe-UK have now joined forces under the new name of Schaeffler (UK) Ltd. With a total of 180 years of bearing experience and know-how, the two leading rolling bearing specialists can provide industry customers with innovative bearing solutions from a single source.

Whether you are looking to purchase a standard bearing product or require a customised bearing solution for your application, the combined product range from INA and FAG offers top quality, innovative rolling bearing and linear motion technology for any application in any industry.