BOSCH ACQUIRES SPX SERVICE SOLUTIONS

by
SPX taken over by Bosch
SPX taken over by Bosch

Bosch has completed the acquisition of SPX Service Solutions.

The components giant says the acquisition strengthens its position in the workshop and repair sectors.

Bosch began proceedings in January, but the purchase of SPX has now been completed following approval from the antitrust authorities.

SPX develops, manufactures and sells service equipment, repair accessories and software for the global market. Based in the US, SPX had sales of $920 million in 2011.

President of Bosch Automotive Aftermarket Division Robert Hanser said: “In acquiring SPX Service Solutions, we will become a comprehensive supplier of solutions in the diagnostics and repair business. In expanding our portfolio and extending our global presence, especially in the U.S., we are strengthening our position.

“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.”

SWITCH TO EV ‘DRIVEN BY POLITICAL OBJECTIVES’ – MAHLE BOSS

Company to spend R&D budget on various drivetrains, not just EV

Read More

BREAKING: AUTOMECHANIKA BIRMINGHAM 2021 OFF

Event will now take place in 2022

Read More

POWER TAKE-OVER: MOUNTUNE ACQUIRED BY ORIGINAL FOUNDER

Essex-based performance and tuning firm acquired by David Mountain and consortium of investors

Read More

FORD TO OPEN NEW QUICK LANE IN GORTON

VM owned all-makes service centre expands into new branch

Read More

RETURNS SERVICE FOR IAAF MEMBERS

IAAF members will now be able to return goods by using the new TecAlliance Warranty and Returns service.  Accessible via the IAAF website, members of the federation will be able to easily register and navigate […]

Read More

Go to comments

Your email address will not be published. Required fields are marked *