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Corporate Information
[PI 038-08] |
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[31.03.08] |
Bosch Rexroth plans to acquire Eppensteiner |
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Lohr – Bosch Rexroth intends to acquire K. & H. Eppensteiner (Eppensteiner), the hydraulics equipment company based in Ketsch, Germany. An agreement to this effect was signed on March 31, 2008. It has been agreed that the purchase price will not be disclosed. The acquisition is subject to approval by the antitrust authorities.
Eppensteiner develops, manufactures, and sells fluid filters for installation in hydraulic and lubrication oil systems. Its product portfolio also includes complete systems for purifying and recycling hydraulic and lubrication oil. With more than 200 associates, the company generated sales of roughly 28 million euros in 2007, mainly in Europe.
“In acquiring Eppensteiner, we are taking an important step toward expanding our product portfolio to include accessory components. Fluid filters are an important building block in our strategy of further growth in the service and retrofitting business,” said Dr. Albert Hieronimus, the president of Bosch Rexroth AG.
Bosch Rexroth AG is one of the world’s leading specialists in the field of drive and control technologies. Under the brand name of Rexroth the company supplies more than 500,000 customers with tailored solutions for driving, controlling and moving machinery used in industrial and factory automation as well as in mobile applications. As The Drive & Control Company, Bosch Rexroth develops, produces and sells components and systems in more than 80 countries. In 2006 Bosch Rexroth AG, part of the Bosch Group, achieved sales of approximately 4.9 billion Euro with more than 29,800 employees.
For more information please visit: www.boschrexroth.com
Contact for Journalists:
Bosch Rexroth AG
Kathrin Loschert
Maria-Theresien-Str. 23, 97816 Lohr
Phone: +49 9352 18-1272
Fax: +49 9352 18-1802
kathrin.loschert@boschrexroth.de |
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