AEQUITA SE & Co. KGaA, a Munich-based industrial conglomerate, has formally agreed to purchase the Brake Components division from Robert Bosch GmbH. This acquisition encompasses Buderus Guss GmbH and Robert Bosch Lollar Guss GmbH, highlighting AEQUITA’s commitment to enhancing its automotive sector capabilities. The Brake Components business, renowned for its coated high-performance brake discs, serves prestigious international OEMs and is supported by approximately 900 employees across three German locations.
Götz Nigge, CFO of Bosch Automotive Steering & Chassis Control Systems, endorsed the transaction, stating, “We have selected AEQUITA based on their holistic concept, which can ensure the Brake Components’ sustainable future.” Bosch’s decision to divest stems from the limited synergies the business shares with its broader operations.
Christoph Himmel, AEQUITA’s Managing Partner, expressed enthusiasm about the acquisition: “We are very proud that Bosch chose AEQUITA as the new owner for its Brake Components business.” He emphasized the strategic fit of the acquisition within AEQUITA’s automotive division, now boasting revenues surpassing EUR 2.5 billion. The focus will be on leveraging the expertise of the business’s workforce to spearhead innovations in brake disc manufacturing, aligning with the industry’s shift towards decarbonization.
Christoff Wachendorff, Head of Brake Components, highlighted the investment strategy, pointing out the emphasis on decarbonization through planned enhancements in Breidenbach’s foundry and innovative coating technology in Lollar. He remarked, “A very positive signal – not only for our customers.”
The deal’s closure is anticipated in the second quarter of 2024, pending regulatory approvals. While financial specifics remain undisclosed, the acquisition marks a significant step in AEQUITA’s growth strategy.
AEQUITA, with a portfolio generating over EUR 3 billion in revenues, specializes in investing in special situations such as corporate carve-outs and transformational scenarios across Europe. With its robust capital, entrepreneurial acumen, and a partnership-centric approach, AEQUITA aims at the long-term value enhancement of its acquisitions. More information is available at www.aequita.com.
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