# Bosch Rexroth to acquire Elmo Motion Control

Bosch Rexroth, a subsidiary of Bosch, signed an agreement on September 4, 2022 to acquire Elmo Motion Control, an Israeli motion control specialist. The acquisition is expected to close in Q4 2022.

- Type: Acquisition
- Announced: 2022-09-04
- Where: Petah-Tikva, Israel
- Value: $700.0M
- Jobs: 330
- Status: announced
- Products: servo drives, multi-axis motion controllers
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Elmo Motion Control](https://endata.com/companies/821.md) (target)
- [Bosch Rexroth](https://endata.com/companies/1297.md) (acquirer)

## Sources

- [elmomc.com](https://www.elmomc.com/elmo-press-release/bosch-to-acquire-elmo-motion-control/), 2022-09-04: "The acquisition fits into Bosch Rexroth’s strategy to expand, deepen and accelerate its business in the field of factory automation."
- [techtime.news](https://techtime.news/2022/09/07/elmo/), 2022-09-07: "There is continuously growing demand for smart automation and Industry 4.0 solutions."
- [control.com](https://control.com/news/elmo-motion-control-set-to-join-bosch-rexroth-as-industry-4.0-becomes-reality/), 2022-09-13: "Bosch Rexroth signed an agreement to acquire motion control specialist, Elmo Motion Control."
- [controlsdrivesautomation.com](https://www.controlsdrivesautomation.com/BoschRexroth-to-acquire-ElmoMotionControl), 2022-10-26: "Bosch and Elmo signed an agreement to that effect on September 4th, 2022."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.