Bosch Rexroth expands product range with acquisitions

26 November 2008

Bosch Rexroth expects to expand its product range for machine tool manufacturers after it began proceedings to acquire Interlit Joistgen and MSG. Interlit, headquartered in Cologne, Germany specialises in systems and lubrication technology, while Joachimsthal, Germany headquartered MSG is an associated production company.

Bosch will acquire Interlit Joistgen
Bosch will acquire Interlit Joistgen

A contract was signed on October 31, 2008 in Basel, Switzerland. It was agreed that the purchase price remains confidential. The purchase is subject to antitrust approval.

Commenting on the acquisition, chairman of the Executive Board of Bosch Rexroth, Dr Albert Hieronimus said: 'With the acquisition of the two companies, we are strengthening our business with the machine tool industry and are reacting to the increased customer demand for single-source complete solutions'.

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