APPROVAL FROM THE ANTITRUST AUTHORITIES
FOLLOWING APPROVAL FROM THE ANTITRUST AUTHORITIES, BOSCH COMPLETES THE TAKEOVER OF UNIPOINT GROUP TAIWAN
Starters, Alternators and Wiper Blades Set to Strengthen the Aftermarket Business
- Bosch strengthens its position in Asia with starters, alternators, temperature control parts and wiper blades
- Integration in the Bosch Automotive Aftermarket division
- Takeover approved by the Antitrust Authorities
STUTTGART/TAIPEI — The Bosch Automotive Aftermarket division has successfully completed the takeover of the Unipoint Group, based in Taipei, Taiwan. The takeover was approved by the antitrust authorities and the parties involved have agreed not to disclose the purchase price.
In 2010, the Unipoint Group achieved sales of USD 124 million. It currently employs around 2,360 associates at two production locations in mainland China and Taiwan, as well as at various sales locations. The Unipoint and NSA brands will be retained.
The acquisition of the Unipoint Group strengthens the position of Bosch Automotive Aftermarket as the leading supplier of starters and alternators, and represents an investment in the temperature control product segment.
The acquisition also adds another Asian production base to the wiper blade business unit. "By taking over the Unipoint Group, we can secure our position as the leading supplier of starters, alternators and wiper blades in the automotive aftermarket, as well as consistently expanding our business in Asia," said Robert Hanser, Chairman of the Divisional Board of the Automotive Aftermarket division.
Contact person for press inquiries: Mark Heard, +44 (0)1895 838313 or Marco Ferrari, +44 (0)20 7952 1070
Automotive Technology is the largest Bosch Group business sector. In 2010, its sales came to 28.1 billion euros, or 59 percent of total group sales. This makes the Bosch Group one of the leading automotive suppliers. The roughly 167,000 Automotive Technology associates worldwide work in seven areas of business: injection technology for internal combustion engines, powertrain peripherals, alternative drive concepts, active and passive safety systems, assistance and comfort functions, in car information and communication, as well as services and technology for the automotive aftermarket. Bosch has been responsible for important automotive innovations, such as electronic engine management, the ESP® anti-skid system, and common-rail diesel technology. In fiscal 2011, the Bosch Automotive Technology business sector expects its sales to reach some 30 billion euros by the end of the year, with a workforce of 177,000.
The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 285,000 associates generated sales of 47.3 billion euros in fiscal 2010. For 2011, the company forecasts sales of more than 50 billion euros and a headcount of a good 300,000 by the end of the year. The Bosch Group comprises Robert Bosch GmbH and its more than 350 subsidiaries and regional companies in over 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spent 3.8 billion euros for research and development in 2010, and applied for over 3,800 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.