The Bosch Automotive Aftermarket division has successfully completed its acquisition of the Unipoint Group, based in Taipei, Taiwan.
The action was finalized Dec. 1, following approval by the antitrust authorities. The parties have agreed not to disclose the purchase price.
In 2010, the Unipoint Group achieved $124 million in sales. It currently employs approximately 2,360 associates at two production locations in mainland China and Taiwan, as well as at various sales locations. The Unipoint and NSA brands will be retained.
The acquisition of the Unipoint Group represents an effort by the Bosch Automotive Aftermarket division to strengthen its position as the leading supplier of starters and alternators, and to invest in the temperature control product segment. The acquisition also adds another Asian production base to the wiper blade business unit.
“By acquiring the Unipoint Group, we can secure our position as the leading supplier of starters, alternators and wiper blades in the automotive aftermarket, as well as consistently expanding our business in Asia,” said Robert Hanser, chairman of the divisional board of the automotive Aftermarket division.
The Bosch Group is a global supplier of technology and services in the areas of automotive and industrial technology, consumer goods, and building technology.
In the U.S., Canada and Mexico, the Bosch Group manufactures and markets automotive original equipment and aftermarket products, industrial drives and control technology, power tools, security and communication systems, packaging technology, thermotechnology, household appliances, solar energy, healthcare and software innovations.