In August 2023, we announced our first-ever acquisition of Koovers, a B2B e-commerce platform offering spare parts solutions to Indian aftermarket workshops. This acquisition, fully funded by own cash generation, presents an ideal synergy for Schaeffler’s future aftersales activities in India. It will be a key enabler for the aftermarket ecosystem, including distribution partners and help to play an important role in the fast-growing and evolving aftermarket digital landscape.