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STUTTGART/LA CHAUX-DE-FONDS ?The Bosch Group has acquired the
TeleAlarm Group based in La Chaux-de-Fonds, Switzerland. The contract was
signed on September 29, 2006. It was agreed that the purchase price would
remain undisclosed. The TeleAlarm Group is a leading European provider of
social alarm and nurse call systems. These products are primarily installed in the
homes of people being cared for, in retirement and care homes, in sheltered
accommodation facilities and hospitals. In 2005, the company achieved sales of
EUR 10 million with a workforce of around 70. The TeleAlarm Group carries out
the bulk of its production in La Chaux-de-Fonds in Switzerland and has sales
offices in Germany, Switzerland, the United Kingdom, the Netherlands, and
Sweden.
"Acquiring TeleAlarm has allowed us to strengthen our product range of social
alarm systems. At the same time, we are expanding our product portfolio to
include nurse call systems," said Uwe Glock, head of the Security Systems
division. 6750 associates at Bosch Security Systems helped the company to
achieve sales of around EUR 1 billion in 2005. The portfolio includes intrusion
and fire alarm systems, video surveillance, access control and communication
systems. The division is represented in more than 40 locations throughout
Europe, America and Asia. On September 1, 2006, Bosch also acquired Telex
Communications Holdings Inc., Minneapolis/USA, a leading provider of electro
acoustic systems. In fiscal 2005, Telex Communications made sales of around
USD 308 million with a workforce of around 2000. |
The Bosch Group is a leading global manufacturer of automotive and industrial technology,
consumer goods, and building technology. In fiscal 2005, some 251,000 associates generated
sales of 41.5 billion euros. Set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as
揥orkshop for Precision Mechanics and Electrical Engineering,?the Bosch Group today comprises a manufacturing, sales, and after-sales service network of more than 280
subsidiaries and more than 12,000 Bosch service centers in over 140 countries.
The special ownership structure of the Bosch Group guarantees its financial independence and
entrepreneurial freedom. It makes it possible for the company to undertake significant up-front
investments in the safeguarding of its future, as well as to do justice to its social responsibility in
a manner reflective of the spirit and will of its founder. 92 % of the shares of Robert Bosch
GmbH are held by the charitable foundation Robert Bosch Stiftung. The entrepreneurial
ownership functions are carried out by Robert Bosch Industrietreuhand KG.
Additional information can be accessed at www.bosch.com. |
