date:Jul 25, 2012
Bosch plans to buy the family-owned company, which employs 250 people, for an undisclosed sum.
If approved by the antitrust authorities, the deal will be Boschs second acquisition this year and aligns with the companys strategy of developing growth markets throughdiversification and internationalisation.
In April, packaging equipment giant Bosch closed a deal with Japanese pharmaceutical company Eisai for its machinery business units.
Prior to that, in May 2011, Bosch bought the companies H