Bosch completes SPX acquisition

December 05, 2012
Bosch completes SPX acquisition
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Bosch has further expanded its product portfolio by completing the purchase of U.S. diagnostics and service specialist SPX. Bosch say the acquisition will further strengthen its market position in the workshop and repair business and expand its global presence in the diagnostics area. 


SPX Service Solutions develops, manufactures, and sells service equipment, repair-shop accessories, and software for the global automotive market. The US based company has a turnover of some € 660 million and has manufacturing sites in the U.S., Germany, France, and China. 

Robert Hanser, President of the Bosch Automotive Aftermarket Division said, "In acquiring SPX Service Solutions, we will become a comprehensive supplier of solutions in the diagnostics and repair business.” He added, "We will quickly merge our know-how and wealth of experience in this growing market. Our aim is to become the world's leading supplier of diagnostics solutions for all makes of vehicles."
Bosch
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