• Provider of leveling lasers for professional users and do-it-yourselfers
• RoboToolz employs roughly 250 associates in China, the U.S., and Germany

Stuttgart / Shanghai/ Hongkong –Bosch has acquired the assets of RoboToolz Ltd., headquartered in Hong Kong. In purchasing this specialized leveling-laser business, Bosch is boosting its Power Tools division, and further expanding its activities in the globally dynamic measuring-tools segment. RoboToolz is a leading manufacturer of innovative leveling-laser products, with four locations: two in China (Hong Kong and Dong Guan), and one each in the U.S. ( Mountain View) and Germany ( Munich). In 2006, the company and its roughly 250 associates generated sales of some 11 million U.S. dollars (8.8 million euros). The companies have agreed not to disclose the purchase price.

“In acquiring RoboToolz, we are continuing our growth course in the promising segment of measuring tools,” said Uwe Raschke, president of the Power Tools division. “This segment has huge global potential. We want to exploit it,” Raschke continued. Intelligent measuring tools such as laser measuring devices, detection devices, and leveling lasers make it easier for professional users and do-it-yourselfers to plan and perform work. For example, gradients, angles, or distances can be measured precisely. Bosch is a leading supplier in the measuring-tools growth segment for do-it-yourselfers and professionals. As the innovation leader, Bosch offers professional users a product range that includes the world's smallest laser measuring device. Bosch was also the first company to successfully introduce a laser measuring device in the European DIY market.

With power tools, accessories, garden tools, and measuring technology, the Bosch Power Tools division in 2006 generated sales of 2.8 billion euros. Of this total, 90 percent was generated outside Germany. The division employs a global workforce of roughly 14,500 associates.

About the Bosch Group

The Bosch Group is a leading global manufacturer of automotive and industrial technology, consumer goods, and building technology. In fiscal 2006, some 260,000 associates generated sales of 43.7 billion euros. Set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering,” the Bosch Group today comprises a manufacturing, sales, and after-sales service network of some 300 subsidiaries and more than 13,000 Bosch service centers in over 140 countries.

The special ownership structure of the Bosch Group guarantees its financial independence and entrepreneurial freedom. It makes it possible for the company to undertake significant up-front investments in the safeguarding of its future, as well as to do justice to its social responsibility in a manner reflective of the spirit and will of its founder. A total of 92 % of the share capital of Robert Bosch GmbH is held by the charitable foundation Robert Bosch Stiftung. The entrepreneurial ownership functions are carried out by Robert Bosch Industrietreuhand KG.

About Bosch in China

Bosch founded its first trading office in China as early as 1909. In 1926, the first car service workshop opened in Shanghai. Today, all of the Bosch business sectors are present in China: Automotive and Industrial Technology, Consumer Goods and Building Technology. The company operates via a holding company in Shanghai, 14 subsidiaries, seven joint ventures, and six trading companies. 200 6 consolidated sales in China reached 1 .3 billion euros. Up to 2005, Bosch had invested around 620 million euros in China and between 2006 and 2008 it will invest a further 620 million euros. Bosch employees are committed to bringing to the Chinese customers the latest technology as well as the most reliable services to help improve their quality of life.

For more information on Bosch China, please visit http://www.bosch.com.cn

For further details please contact:

Helen He Bosch(China) Investment Ltd. Tel: 021-2898 1111 Email: helen.he@cn.bosch.com

News sourc: Bosch China
Publish date: Jan. 2008