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Robert Bosch GmbH has agreed to buy Johnson Controls International's global HVAC business for residential and light commercial buildings in an all-cash deal valued at US$8.1 billion. The deal includes the air-conditioning joint venture between Johnson Controls and Hitachi.
Bosch is investing around 100 million euros in its Aveiro site in Portugal by 2026 to build laboratories, two production buildings and additional heat pump lines, creating several hundred jobs over the medium term.
Robert Bosch agreed to sell its vacuum and hydraulic pump business, VH Group, to Weifu High-Technology Group. The unit includes VHIT S.p.A. in Italy, its Wuxi subsidiary in China and certain production facilities in Brazil. Deloitte advised Bosch.
Robert Bosch has won a long-term contract from cellcentric to supply electric air compressors with power electronics for fuel cell systems used in heavy trucks and stationary applications, with series production starting in the mid-2020s. Announced June 18, 2021.
Bosch has inaugurated Phase II of its expanded smart factory in Bidadi near Bengaluru, built with an investment of 31 million euros to make powertrain products such as common rail pumps and high-pressure rails.
Bosch Ltd inaugurated the phase II Bidadi factory near Bengaluru, built with an investment of 31 million euros. The plant will make common rail single-cylinder pumps and high-pressure rails and accommodate almost 2,500 associates by end-2019.
Bosch committed an additional 58 million euros to its Powertrain Solutions CVT pushbelt plant at Long Thanh Industrial Park in Dong Nai, Vietnam, to raise capacity and turn it into a smart factory. Bosch will have invested 321 million euros in the plant in total by the end of 2018.
