Business/economy

Decentralized power supply Bosch plans to acquire Energiecontracting Heidelberg AG

  • Comprehensive portfolio of services for energy management and supply
  • Broad range of products and services in cooperation with other Bosch divisions
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  • May 31, 2012
  • Business/economy
  • Press releases

press release

Stuttgart/Heidelberg – The Bosch Group is planning to acquire Energiecontracting Heidelberg AG, a specialist in the area of decentralized power generation. An agreement to this effect has been signed with EC Bioenergie GmbH, the parent company of Energiecontracting Heidelberg AG. The parties have agreed not to disclose the purchasing price. The acquisition is subject to approval by the antitrust authorities.

Energiecontracting Heidelberg AG finances, builds and operates power generation facilities. These facilities use not only conventional fuels, but also increasingly renewable sources of energy. In 2011, Energiecontracting Heidelberg AG and its roughly 90 associates generated sales of some 13 million euros. “In the coming years, a decentralized energy supply will become ever more significant. For this reason, it is important that we enter this field of business by acquiring a company that is already firmly established in the market,” said Michael Blichmann, the general manager of Bosch Energy and Building Solutions GmbH.

Customer benefit: cooperation with other Bosch divisions
Energiecontracting Heidelberg AG is to become part of Bosch Energy and Building Solutions GmbH, which was established in 2011. With headquarters in Stuttgart, the company offers a broad range of products and services for the owners of large building complexes, including the efficient management and supply of energy. This helps lower energy costs in a lasting manner. Its portfolio ranges from advisory services and the optimization of existing facilities to the construction and operation of power-generating plant and local heating networks. “In addition to the expertise of our engineers, Bosch Energy and Building Solutions GmbH draws its strength from its access to the knowledge and experience of several Bosch Group divisions,” Blichmann said. This includes areas such as heating technology, photovoltaics, wind power, security technology, as well as software and systems technology. “Our company provides its customers with a range of products and services which energy service providers cannot offer in this breadth,” Blichmann said.

Bosch Energy and Building Solutions GmbH is a wholly owned subsidiary of Robert Bosch GmbH. Headquartered in Stuttgart, the company, which was established in 2011, specializes in services designed to improved energy efficiency in commercial buildings. By combining customized energy concepts, services, and advanced technology, the company can provide an energy saving of 20 percent on average for its customers, which include medium seized and industrial enterprises, hospitals, and the owners of large residential complexes.

More information is available online at www.bosch-energy.de

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, more than 300,000 associates generated sales of 51.5 billion euros in fiscal 2011. The Bosch Group comprises Robert Bosch GmbH and its roughly 350 subsidiaries and regional companies in some 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 4.2 billion euros for research and development in 2011, and applied for over 4,100 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.

Further information is available online at www.bosch.com, www.bosch-press.com.

PI7752 - May 31, 2012

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