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Bosch Rexroth News

Bosch strengthens its operations in Africa with acquisition in industrial technology

The Bosch Group is strengthening its business in Africa and further expanding its industrial technology portfolio on the continent. Effective February 28, 2018, Bosch Rexroth AG has acquired all shares in Hytec Holdings (Pty.) Ltd., Johannesburg, South Africa. Hytec specializes in the marketing of hydraulic and automation solutions, and is the leading company in the field in sub-Saharan Africa. In 2017, the company and its roughly 770 associates generated sales of some 86 million euros. Hytec has about 40 branch operations, not only in South Africa, but also in Mozambique, Namibia, Zambia, Botswana, Ghana, and Kenya. In a first phase, Bosch Rexroth acquired a 50 percent stake in its marketing partner Hytec in 2014.

Responsible for the content of this press release: Bosch Rexroth AG

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Bosch Rexroth AG
Zum Eisengießer 1
97816 Lohr am Main
Germany
(+49 9352) 18-0
(+49 9352) 18-39 72

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