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Bosch Rexroth set to sell pneumatics group

20 January 2014

Bosch Rexroth has signed an agreement to sell its global pneumatics business to Triton Advisers, a European investment group. The move, originally announced in February 2012, is expected to open additional, long-term growth opportunities beyond factory automation, a key sector for the company.

Bosch Rexroth Pneumatics has been operating as a stand-alone business unit within Bosch Rexroth since June 2013. "Over the past years, we have acquired several companies whose technologies round out our portfolio and which tap additional growth opportunities. One example was the acquisition of Hägglunds, a specialist for high-performance drives," said Dr Karl Tragl, President of Bosch Rexroth. "On the other hand, we also disinvest areas that no longer fit with our strategy. For pneumatics, substantial differentiation and growth opportunities can be found outside the target industries on which we focus, such as medical engineering or heavy industries, the rail industry and in trucking."

Founded in 1997, Triton is dedicated to investing in medium-size businesses headquartered in Northern Europe with a focus on Germany, Switzerland, Austria, Denmark, Finland, Norway, and Sweden. The company has extensive experience successfully positioning small and medium-sized companies.

 
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