Bosch Rexroth acquires Hägglunds Drives

Wednesday, August 13, 2008


 

Ratos has agreed on the sale of Hägglunds Drives to the German company Bosch Rexroth.

” Focused efforts in recent years to accelerate growth through investment in the sales and marketing organisation, new markets and segments, and expanded aftermarket services as well as extensive product development have laid the foundation for Hägglunds Drives’s positive development”, says Ratos CEO Arne Karlsson.

”Together with Bosch Rexroth we will be able to further develop our focus on offering complete hydraulic drive systems in several of our existing segments. We will also be able to offer our deliveries of complete hydraulic drive systems to new interesting segments as renewable energy production. Combined with Bosch Rexroths strong position on specific markets where we’re not represented today we will have a good position for continued strong growth, says Per Nordgren, CEO Hägglunds Drives.

"The acquisition of Hägglunds Drives expands our industrial hydraulics portfolio and significantly strengthens our position in growing markets such as renewable energies and raw materials production", says Dr. Albert Hieronimus, chairman of the executive board of Bosch Rexroth AG.

Bosch Rexroth, a subsidiary within the German Robert Bosch GmbH, is one of the world-leading suppliers within drive and control technology. The Drive and Control Company develops, produces and sell Bosch Rexroth components and systems in more than 80 countries.

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Hapag-Lloyd Adds 6,000 Reefer Containers

In order to profit from the growing reefer markets in South America and Asia, Hapag-Lloyd has ordered 6,000 cutting-edge reefer containers – more than ever before in the company’s history.

Imtech Germany to Be Sold in November

The German unit of bankrupt Dutch engineering services company Imtech is expected to be sold in November, according to Imtech Germany's insolvency administrator.

Neander Deal Sees Yanmar Return to Diesel Outboards

Marking its return to the diesel outboard market, engineering company Yanmar Marine International (YMI) has reached an agreement for exclusive distribution rights

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1868 sec (5 req/sec)