Bosch Rexroth completes Hägglunds acquisition
17 May 2011
Bosch Rexroth has completed the acquisition of Hägglunds Drives, which will now be fully integrated into the Bosch Group.
The acquisition will strengthen the Rexroth position in the bulk materials, process and marine and offshore markets, where Hägglunds has traditionally had a strong presence with its hydraulic motor and drive products.
The integration will be fully completed by the 1st of June 2011. The Hägglunds brand will remain visible within the marketplace and its base in Wakefield in the UK will remain in operation along with its global office and distribution network.
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