Barden Corporation was acquired by FAG in 1990. The irony of the acquisition by FAG was that Barden Precision Bearings had been used to make the Norden bombsight operate and facilitated destruction of the Schweinfurt bearing factories during World War II. In 2001, FAG was acquired INA-Holdings/Schaeffler KG (Schaeffler Gruppe). FAG is an acronym for Friedrich Fischer Aktien-Gesellschaft or Fischer AG which translates to Fischer Stock Company.