Award from British trade chain B&Q: Bosch wins "Excellence in Innovation" supplier prize
· Appreciation of Bosch’s level of innovation and powerful forward strategy in lithium-ion technology
Bosch Power Tools received the “Excellence in Innovation” award at B&Q supplier conference from the leading UK DIY retail chain B&Q. The leading chain praised Bosch’s continuous investment in innovation and in parti-cular its exemplary achievements in driving forward the development and market launch of power tools powered by lithium-ion batteries. The award was based on the exceptional sales success achieved within B&Q thanks to Bosch’s powerful forward thinking strategy with this technology.
B&Q is Europe’s largest DIY retailer and is part of the Kingfisher Group. B&Q achieved a turnover of 3.9 billion pounds in the fiscal year 2005 with 329 stores in the United Kingdom and Ireland.
In the autumn of 2003, Bosch launched the Ixo onto the market, the world’s first cordless screwdriver with lithium-ion battery technology. Until spring 2006, three million Ixo’s have been sold, making it the best-selling power tool in the world. Since 2003, Bosch’s range of power tools fuelled with this innovative battery technology has grown and has been applied to familiar power tools such as drill/drivers and sanders. In the spring of 2007, Bosch will also be launching more world firsts onto the market in the form of garden tools also powered by lithium-ion batteries: the grass and shrub shear Isio and two Rotak lawnmowers.
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 “Workshop 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. A total of 92 % of the share capital of Robert Bosch GmbH is 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.
PI5522 - October 2006
- Contact Information
- Dr. Michael Schmidtke
- Power Tools Communication
- Robert Bosch GmbH
- Contact via E-mail
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