Robert Bosch Group to Buy Holger Christiansen from Hella for Undisclosed Price - aftermarketNews

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Robert Bosch Group to Buy Holger Christiansen from Hella for Undisclosed Price

Robert Bosch Group GmbH said it plans to buy Danish-based auto parts maker Holger Christiansen A/S from Hella KGaA Hueck & Co for an undisclosed price. Under the deal Bosch will take over Holger Christiansen, brands HC-Parts and Cargo, along with four factories in Europe and eight sales points in Europe and the U.S., which employ some 900 workers.

aftermarketNews Staff
By aftermarketNews Staff
Published:

From AFX News Limited

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FRANKFURT — Robert Bosch Group GmbH said it plans to buy Danish-based auto parts maker Holger Christiansen A/S from Hella KGaA Hueck & Co for an undisclosed price.

Under the deal Bosch will take over Holger Christiansen, brands HC-Parts and Cargo, along with four factories in Europe and eight sales points in Europe and the U.S., which employ some 900 workers.

Last year Holger Christiansen A/S had revenues of approximately $164 million. The company is a specialist in engine starter maintenance and sells other electrical automobile parts.

Bosch said the deal must still be approved by the respective cartel agencies.

Copyright 2007 AFX News Limited. All Rights Reserved.

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