STUTTGART, Germany (Aug. 16, 2011)—Bosch Group's Automotive Aftermarket division has agreed to acquire Unipoint Electric Mfg. Co. Ltd., a Taiwan-based producer of aftermarket starters, alternators, temperature control parts and wiper blades, as well as its affiliated companies and the Unipoint and NSA brands.
Unipoint, which reported $124 million in sales in 2010, employs about 2,360 at two plants in China and Taiwan and at various sales locations. Unipoint was founded in 1972 and has been majority-owned by its founding family.
Bosch signed an agreement Aug. 9 for an undisclosed purchase price. The transaction remains subject to regulatory approval.
Bosch said the Unipoint acquisition will strengthen its position as a supplier of starters and alternators, and views it as an investment in the temperature control product segment. The acquisition also adds another Asian production base for its wiper blade business unit.
“Our aim is to further strengthen the position of Bosch as the leading supplier of starters, alternators and wiper blades in the automotive aftermarket. We also wish to expand our business in Asia,” said Robert Hanser, chairman of the divisional board of the automotive aftermarket division.