Expansion of the accessories business: Bosch Power Tools intends to acquire shares from leading provider for industrial robotic sanding

Stuttgart / Leinfelden-Echterdingen – Bosch Power Tools plans to acquire nearly 50 percent shares of the FerRobotics Compliant Robot Technology GmbH, one of the leading global providers in the field of contact-sensitive automation, with headquarters in Linz, Austria, and further distribution locations in the U.S. and China. Agreements to this effect were signed by Bosch Power Tools and FerRobotics on September 29, 2023. ”With the planned equity share in FerRobotics, we are opening up new market segments in the accessories business and are systematically driving our growth”, says Thomas Donato, President of Bosch Power Tools. ”Starting point of all our considerations is always the user of our products, which is also the reason for acquiring shares in FerRobotics. In combination with our unique abrasive portfolio for industrial applications, robots which are endowed with tactile sensitivity, unfold their full potential, and generate maximum added value.“