Part of Apollo Global Management, Inc., Federal-Mogul Burscheid GmbH is a German company located in Burscheid that develops and manufactures piston rings for passenger cars and commercial vehicles. The firm was founded in 1993. Peter Kienast is currently the CEO of the company.\nThe company says this about itself: Federal-Mogul Burscheid GmbH, official registration number HRB 48988, local court Cologne, Germany, is hereinafter called \"Federal Mogul\". Federal-Mogul Corporation is a leading global supplier of powertrain and safety technologies, serving the world's foremost original equipment manufacturers of automotive, light commercial, heavy-duty, agricultural, marine, rail, off-road and industrial vehicles, as well as the worldwide aftermarket. The company's leading technology and innovation, lean manufacturing expertise, as well as marketing and distribution deliver world-class products, brands and services with quality excellence at a competitive cost. Federal-Mogul is focused on its sustainable global profitable growth strategy, creating value and satisfaction for its customers, shareholders and employees. Federal-Mogul was founded in Detroit in 1899. The company is headquartered in Southfield, Michigan, and employs nearly 41,000 people in 33 countries (16.000 in Europe). Federal Mogul, as a leading supplier of powertrain components and other advanced vehicle solutions, is well-positioned to partner with OEM customers to support future powertrain concepts.