Bosch has announced that it intends to acquire Holger Christiansen A/S – a remanufacturer of starters and alternators, as well as a dealer in automotive electrics spare parts.
The company is currently owned by Hella KGaA Hueck & Co. and had sales of EUR11m in 2006/2007. It employs around 900 people at four manufacturing sites in Denmark, Germany, Slovakia, and the Ukraine, and at eight sales locations – seven in Europe and one in the United States.
The purchase price has not been disclosed.
“We want to further bolster Bosch’s position as the leading supplier of remanufactured auto parts for the automotive aftermarket. We especially want to strengthen the key area of starters and alternators,” said Peter Tyroller, member of the Bosch board of management responsible for OE sales and the automotive aftermarket division.
If the acquisition goes ahead, Holger Christiansen will be integrated into the Bosch Automotive Aftermarket division.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
