Integration the focus for Bosch Building Technologies as majority of product business put up for sale

Bosch has announced plans to realign 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 confirmed.

Bosch Building Technologies

Most of the Bosch Building Technologies division’s product business will be sold.

Not only does this include Video, Access and Intrusion and Communication units, it will impact approximately 4,300 associates at more than 90 locations across the world.

The company is looking for a buyer who will take on all three business units together with associates and locations – the product business with fire alarm systems, by contrast, is not said to be for sale.

Bosch has claimed that after the realignment, the Building Technologies division will employ some 7,600 associates and operate at 40 locations in eight countries.

“We are confident”

“We want to become one of the global leaders for systems integration in building technology and to seize the favourable opportunities for growth in this market,” said Christian Fischer, Deputy Chairman, Bosch’s Board of Management.

Fischer is also responsible for the company’s Energy and Building Technology and Consumer Goods business sectors. “To achieve this, we need to consolidate,” he added.

“This is why we will in the future be focusing on systems integration as our core business.

“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.”

According to Bosch, it does not intend to develop this business further.

Thomas Quante, President, 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.”