Munich, 22 September 2016 – The international commercial law firm BEITEN BURKHARDT has represented Bosch Rexroth AG in the sale of all business interests in Bosch Rexroth Monitoring Systems GmbH to Weidmüller Holding AG & Co. KG („Weidmüller"). The parties have agreed not to disclose the transaction volume. The takeover is still subject to clearance by the competent merger control authorities.
Bosch Rexroth Monitoring Systems GmbH, with business seat in Dresden, currently employs about 25 employees and produces condition monitoring systems for wind turbines. The solutions produced by Bosch Rexroth Monitoring Systems GmbH are currently known in the market under the brand BLADEcontrol.
Bosch Rexroth AG is an industrial enterprise in the field of electric drives and controls with more than 31,100 employees worldwide and it is a wholly-owned subsidiary of Robert Bosch GmbH.
BEITEN BURKHARDT comprehensively advised Bosch Rexroth AG on all legal aspects of the transaction.
Advisors to Bosch Rexroth AG:
BEITEN BURKHARDT: Partners Insa Cornelia Müller (in charge), Dr. Axel Goetz, Oliver Köster (all Corporate/M&A), Matthias W. Stecher and Dr. Alexandra Puff (both IP) and Associate Dr. Markus Ley (Corporate/M&A, all Munich).
Contact
Phone: +49 89 360 65-0
E-mail: Insa.Mueller@bblaw.com
Public Relations:
Frauke Reuther
Phone: +49 69 75 60 95 – 570
E-mail: Frauke.Reuther@bblaw.com
