Albertini Cesare, the producer of steering gear components which recently caused a worldwide stoppage at BMW plants, is to be taken over by Robert Bosch.
BMW was forced to stop building cars at its Leipzig plant due to supply issues with steering gears, with the same issue causing a hiatus at facilities in China and South Africa. Robert Bosch was blamed for the problems due to its sub-supplier Albertini Cesare not being able to provide sufficient numbers of certain key components.
According to news agency DPA, a Bosch spokeswoman says the firm intends to buy the Lombardy-based supplier, an 85-year old firm which has its headquarters in Turate. This follows a demand from BMW AG for Robert Bosch to compensate it for the recent production stoppages.
The problems suffered by Albertini Cesare are due to its precarious financial position. The company employs just 350 workers.
“Bosch has opted for the purchase, as we want to ensure a reliable supply of castings for electric steering gears in the future,” DPA quotes the Bosch spokeswoman as saying.