The Bosch Automotive Aftermarket Business Unit officially completed the acquisition of Taiwan's Unipoint on December 1, 2011. The case has been approved by the relevant antitrust authorities. The parties did not disclose the specific transaction amount.
In 2010, Yang Hong Group had a turnover of US$124 million and had 2,360 employees worldwide. Yang Hong Group currently has a production plant in Taiwan and the mainland, and has sales offices in many cities around the world. Yang Hong’s Unipoint and NSA brands will continue to be retained after the acquisition is completed.
Mr. Robert Hanser, Chairman of the Automotive Aftermarket Business Unit of the Bosch Group stated: "With this acquisition, Bosch will strengthen its leading position in the automotive aftermarket for starters, generators and wiper blades, and will further expand its presence in the Asian market. "Acquiring the Yanghong Group is also Bosch's important investment in automotive air-conditioning product lines. In addition, this acquisition has also enabled Bosch to add a wiper blade production base in Asia.
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Shandong Rizhaoxin Metal Products Co., Ltd. , https://www.sdrizhaoxinsteel.com