Tag Archives: Stefan Hartung

Bosch Buys HVAC businesses from Johnson Controls, Hitachi

The businesses Bosch wants to buy had  sales revenue totaling ~€4 billion in 2023, employing ~12,000 people worldwide. The transaction includes 16 manufacturing sites and 12 engineering locations in more than 30 countries. The product portfolio covers vast HVAC products for residential and light commercial buildings. This includes brands such as York and Coleman in the U.S. and Hitachi in Asia, for which Bosch will be granted a long-term license. Continue reading

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Bosch Starts Mass Production of a Fuel-Cell Power Module

“Bosch knows its way around hydrogen, and Bosch is growing with hydrogen, “said Bosch chair Stefan Hartung. Bosch is spending ~€2.5 billion in H2 technology from 2021 to 2026. Bosch is active in the whole hydrogen value chain, developing technology for its production and application. By 2030, Bosch claims it will generate sales of roughly ~€5 billion with hydrogen technology. Continue reading

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