Bosch plans acquisition of Albertini Cesare S.p.A. in Italy

Stuttgart – Bosch intends to acquire all shares in the Italian company Albertini Cesare S.p.A. Albertini is a manufacturer of die-cast aluminum and produces cast housings primarily for the automotive industry, including for electric steering systems. The company is headquartered in Villasanta, near Milan, and currently employs more then 400 people at two locations in northern Italy. With the acquisition of Albertini, Bosch is securing its ability to reliably supply cast parts for its electric steering systems in the future. Cast housings are an essential component of electric steering systems.

“We are confident that local production will pick up speed again quickly. Our goal is to once again supply all our customers fully and with a high standard of quality,”said Dr. Dirk Hoheisel, member of the board of management of Robert Bosch GmbH.“For this, we are relying on the competence and dedication of our associates in Italy.”

The plan is to integrate Albertini into Bosch’s Automotive Steering division. The division employs around 15,000 associates in twelve countries, where it develops steering-system solutions for passenger cars and commercial vehicles.

The plan is subject to approval by the antitrust authorities. The former owner will be withdrawing from the company at the earliest possible opportunity. It has been agreed that the details of the agreement will not be disclosed.


News from:http://www.bosch-presse.de

2012-2016 global auto parts supporting supplier profiles

From the ranking point of view, nearly five years, Bosch proudly topped the list for five consecutive years, while the Denso Group due to supporting revenue fell nearly 10% in 2015 surpassed by Magna and the mainland, down to the fourth. In contrast, Magna Group has been in the fourth position in 2012-2013, but in 2014 it surpassed the Continental Group and became the third, even rose to the second place in 2015. Meanwhile the Continental Group was wandering back and forth between the third and fourth place.

The ZF Group, which has been ranked ninth from 2012 to 2015, jumped to the fifth place after acquiring TRW in 2016. Valeo ranked 15^th in 2013 and 10^th in 2015, and has been maintained until 2016.

In addition, Yazaki dropped from 10^th place in 2013 to 13^th and 14^th place. BASF also had a big falling from 15^th in 2012 to 19^th place.

Apart from that, the ranks for many other companies didn’t change much. Such as Modern Mobis, Aisin Seiki, Faurecia, Johnson Controls, Lear, Delphi. TRW was acquired by ZF in 2016 so it wasn’t in the rankings.

According to statistics, nearly five years, Germany, Japan and the United States has been among the top 100 enterprises accounted for nearly 70% of the seats, while France, South Korea, Spain and Canada respectively has 3 to 5 companies to be in the finalists.

But with Donald Trump being America’s president, will the import and export strategies change for auto industry? Let’s wait and see what happens.

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