Grasbrunn, Germany– Bosch Building Technologies plans to acquire GFR – Gesellschaft für Regelungstechnik und Energieeinsparung mbH headquartered in Verl, Germany. Agreements to this effect were signed on July 17, 2019 by Bosch and GFR’s current owner, the Wiedemann Group, based in Sarstedt, Germany.
The Bosch Building Technologies division is a leading global supplier of security, safety, and communications products and systems. In selected countries, Bosch offers solutions and services for building security, energy efficiency, and building automation. About 10,900 associates generated sales of 2.5 billion euros in 2022. Protecting lives, buildings, and assets is the major aim. The product portfolio includes video security, intrusion detection, fire detection, and voice evacuation systems as well as access control and management systems. Professional audio and conference systems for communication of voice, sound, and music complete the range. Building Technologies develops and manufactures in its own plants in Europe, the Americas, and Asia.
Additional information can be accessed at www.boschbuildingtechnologies.com
The Bosch Group is a leading global supplier of technology and services. It employs roughly 421,000 associates worldwide (as of December 31, 2022). The company generated sales of 88.2 billion euros in 2022. Its operations are divided into four business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 470 subsidiary and regional companies in over 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 136 locations across the globe, Bosch employs some 85,500 associates in research and development, of which nearly 44,000 are software engineers.
Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, www.twitter.com/BoschPress.
