Bosch acquires CHP manufacturer Köhler & Ziegler A highly efficient technology with great potential
· Köhler & Ziegler is the technological leader in combined heat and power (CHP) plants for natural gas and biogas
· Bosch Thermotechnology expands its CHP portfolio
Wetzlar – Bosch’s Thermotechnology division plans to acquire all the shares in Köhler & Ziegler Anlagetechnik GmbH, a German manufacturer of combined heat and power plants. Agreements to this effect were signed on December 18, 2009. The transaction is subject to anti-trust approval. The parties have agreed not to disclose the purchase price.
Employing roughly 130 people in Lollar, Köhler & Ziegler generated sales revenues of some 17 million euros in 2008. The company is a technology leader in combined heat and power plants that generate between 20 kilowatts and 2 megawatts. These plants use combined heat and power to generate heat and electricity highly efficiently, achieving a gross efficiency of over 90 percent. They are mainly used to supply buildings with heat and power, to generate heat for industrial processes, as well as in district heating networks, and can also be operated with renewable energies such as biogas.
“The acquisition complements our activities in the promising co-generation segment and expands our portfolio of environmentally compatible technologies. Köhler & Ziegler is one of the pioneers in this technology. We will now jointly expand this business both geographically and technically,” says Dr.-Ing. Jürgen Sterlepper, member of the executive management of the Bosch Thermotechnology division. Köhler & Ziegler has supplied the Bosch Thermotechnology brand Buderus with small and medium-sized CHP plants since 2008. The acquisition will add larger plants as well as container construction, especially for biogas plants, to Bosch’s product range.
Bosch Thermotechnik GmbH forms the Thermotechnology division of the Bosch Group. Together with its subsidiaries, Bosch Thermotechnology is a leading European manufacturer of resource-efficient heating products and hot water solutions. In fiscal 2008, Bosch Thermotechnology employed some 13,000 people and generated sales of roughly 3 billion euros. Bosch Thermotechnology has strong international and regional brands and a differentiated range of products manufactured in 20 plants in ten countries in Europe and North America.
The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 280,000 associates generated sales of 45.1 billion euros in fiscal 2008. The Bosch Group comprises Robert Bosch GmbH and its more than 300 subsidiaries and regional companies in over 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Each year, Bosch spends more than 3.5 billion euros, or eight percent of its sales revenue, for research and development, and applies for over 3,000 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.
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 up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.
Additional information can be accessed at www.bosch.com.
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