Bosch Rexroth acquired a majority share in IGUS ITS GmbH

Lohr am Main - On March 31, 2009, Rexroth acquired a majority share in IGUS ITS GmbH, which is based in Dresden, Germany. IGUS ITS develops, manufactures and sells condition monitoring systems for wind energy plants. The company employs nine associates and had a 2008 turnover of approx. EUR 700,000. An agreement has been made not to disclose the purchase price.

The condition monitoring systems manufactured by IGUS ITS monitor the condition of rotor blades in wind energy plants and also offer the option of diagnosing the formation of ice on the rotor blades. IGUS ITS is the only provider of this technology worldwide.

"The application of condition monitoring systems improves the total cost of ownership of wind energy plants, allowing us to offer our customers a greater economic benefit," explains Dr. Albert Hieronimus, Chairman of the Board of Management at Bosch Rexroth.

Bosch Rexroth has been involved in wind energy technology since the mid 80s and today offers a wide range of gears as well as hydraulic solutions for wind energy plants. With the addition of these condition monitoring systems solutions, Bosch Rexroth now offers an extended range of products for this growing industry.

At Hannover Messe (20.-24. April 2009) IGUS ITS will be represented at Bosch Rexroth in hall 23, booth C19.
Bosch Rexroth AG is one of the world’s leading specialists in the field of drive and control technologies. Under the brand name of Rexroth the company supplies more than 500,000 customers with tailored solutions for driving, controlling and moving. Bosch Rexroth is a partner for industrial applications and factory automation, mobile applications and using renewable energies. As The Drive & Control Company, Bosch Rexroth develops, produces and sells components and systems in more than 80 countries. In 2008 Bosch Rexroth AG, part of the Bosch Group, achieved sales of around 5.9 billion Euro with 35,300 employees.

For more information please visit: http://www.boschrexroth.com


Lohr am Main, 2009-04-06


Publication and Reprint free of charge; please send a voucher copy to
Bosch Rexroth AG.


Attention editorial offices: For further questions please contact Ms.
Claudia Ulrich, Bosch Rexroth AG.

97814 Lohr am Main, Germany
Phone: +49 9352 18-3446
Fax: +49 9352 18-1812
Email: claudia.ulrich@boschrexroth.de
Internet: http://www.boschrexroth.com

Sprache:

Online-Pressemappe - alle Pressemitteilungen der Bosch Rexroth AG | RSS-Feed abonnieren

---

Pressebilder nur für die redaktionelle Verwendung
Hinweis: Für den Inhalt der Pressemitteilung ist der Emittent / Herausgeber der Meldung »Bosch Rexroth AG« verantwortlich.