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Press release #Bosch Group
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Realignment: Bosch Building Technologies to focus on systems integration business

Most of the product business to be sold

  • Bosch aims to consolidate its capabilities to achieve a globally leading position in the systems integration market.
  • Setup, growth opportunities, and expertise offer purchasers a good position from which to develop the product business.
Dörthe Warnk

Dörthe Warnk

X

Dörthe Warnk

Dörthe Warnk
Spokesperson internet of things (residential), Energy and Building Technology, smart living

Stuttgart and Grasbrunn, Germany – Bosch is realigning its Building Technologies division: in the future, the division is to focus on its regional integrator business, with solutions and services for building security, energy efficiency, and building automation. The company plans to sell most of the Building Technologies division’s product business. This includes the Video, Access and Intrusion, and Communication business units, and affects some 4,300 associates at more than 90 locations worldwide. Bosch is now looking for a buyer who will take on all three business units together with their associates and locations. The product business with fire-alarm systems, by contrast, is not to be sold. Because of its importance for systems integration, it is to be merged with the integrator business and continued.

We want to become one of the global leaders for systems integration in building technology and to seize the favorable opportunities for growth in this market. To achieve this, we need to consolidate. This is why we will in the future be focusing on systems integration as our core business,

said Christian Fischer. As deputy chairman of the Bosch board of management, he is responsible for the company’s Energy and Building Technology and Consumer Goods business sectors.

“We are confident we will be able to find a buyer who will take over all three business units, and who will further strengthen the business and give it a secure future.” He explained that, for strategic reasons, Bosch does not intend to develop this business further. Thomas Quante, the president of Bosch Building Technologies, added: “The product business is excellently positioned for a promising future under a new owner: innovative products, highly skilled associates, and a market environment with attractive opportunities for growth.”

Following the realignment, the Building Technologies division will employ some 7,600 associates, and operate at 40 locations in 8 countries. As a brand-independent systems integrator with a wide-ranging portfolio of energy and building solutions, the division intends to benefit in the future from digitalization and a growing customer demand for integrated, intelligent, and cross-domain solutions in the areas of building security, energy efficiency, and building automation.

The Bosch Building Technologies division is a leading global supplier of security, safety, and communications products and systems. In selected countries, Bosch offers solutions and services for building security, energy efficiency, and building automation. About 10,900 associates generated sales of 2.5 billion euros in 2022. Protecting lives, buildings, and assets is the major aim. The product portfolio includes video security, intrusion detection, fire detection, and voice evacuation systems as well as access control and management systems. Professional audio and conference systems for communication of voice, sound, and music complete the range. Building Technologies develops and manufactures in its own plants in Europe, the Americas, and Asia.

Additional information can be accessed at www.boschbuildingtechnologies.com

Tags: Building Technologies, Security Systems, Building Technology

About Bosch

The Bosch Group is a leading global supplier of technology and services. It employs roughly 429,000 associates worldwide (as of December 31, 2023). The company generated sales of 91.6 billion euros in 2023. Its operations are divided into four business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology. With its business activities, the company aims to use technology to help shape universal trends such as automation, electrification, digitalization, connectivity, and an orientation to sustainability. In this context, Bosch’s broad diversification across regions and industries strengthens its innovativeness and robustness. Bosch uses its proven expertise in sensor technology, software, and services to offer customers cross-domain solutions from a single source. It also applies its expertise in connectivity and artificial intelligence in order to develop and manufacture user-friendly, sustainable products. With technology that is “Invented for life,” Bosch wants to help improve quality of life and conserve natural resources. The Bosch Group comprises Robert Bosch GmbH and its roughly 470 subsidiary and regional companies in over 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. Bosch’s innovative strength is key to the company’s further development. At 136 locations across the globe, Bosch employs some 90,000 associates in research and development, of which nearly 48,000 are software engineers.

The company was set up in Stuttgart in 1886 by Robert Bosch (1861–1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant upfront investments in the safeguarding of its future. Ninety-four percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The remaining shares are held by Robert Bosch GmbH and by a corporation owned by the Bosch family. The majority of voting rights are held by Robert Bosch Industrietreuhand KG. It is entrusted with the task of safeguarding the company’s long-term existence and in particular its financial independence – in line with the mission handed down in the will of the company’s founder, Robert Bosch.

Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com.

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