Schaffer Corporation Limited (ASX:SFC)
Schaffer Corporation Limited (ASX:SFC) is a diversified industrial company whose core operating divisions are Automotive Leather, Building Materials and Property.
The Automotive Leather business has been a core driver of profitability in past years due largely to Schaffer's partnership with the Automotive Leather division Chairman, Mr Anton Mayer (also a Director of Schaffer Corporation Limited).
The Automotive Leather division is a global business in a global industry. Schaffer Corporation owns 83% of the division, which supplies leather to automotive manufacturers in Europe and Asia. The division produces quality automotive leather to a strong and regionally diverse customer base.
Schaffer Corporations Building Materials Division consists of Delta Corporation.
The Property division consists of a portfolio of investment properties, property development projects, and wholly owned/operated properties which generate strong and stable earnings.