Bosch wants to get 700 million euros from the sale of packaging machinery production division Economica.net



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Bosch automaker mandated Macquarie Investment Bank to explore options for its packaging division as part of the portfolio reorganization process to increase investment in technology for electric and autonomous vehicles ,

In case of potential sale, the value of the division amounts to 500-700 million euros (583-815 million dollars), add the sources. The automotive industry and its suppliers are in a hurry to accelerate investment in technologies for electric vehicles and autonomous after the tightening of the regulations on diesel emissions

The representatives of the German group Bosch are not immediately available, while representatives of Macquarie Information

Bosch Packaging Machinery Division, c produces equipment for the pharmaceutical and food industry, has 6,100 employees and realized a turnover of business 1.3 billion euros last year.

The Bosch Group has been present on the Romanian market for about 25 years. In addition to the Cluj Research and Development Center and its mobility solutions production facilities in Cluj and Blaj, Bosch also operates a linear production unit, also located in Blaj, as well as a service center. d & # 39; outsourcing. Business Process (BPO) in Timisoara. In Bucharest, Bosch operates a sales office for Mobility Solutions, Consumer Goods, and Construction and Energy Technologies. In addition, a subsidiary of BSH Hausgeräte GmbH, active in the home appliance market, is also based in the capital.

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