Robert Bosch said it is poised to take over the Unipoint group and affiliated companies in a move aimed at strengthening the global aftermarket business of the world's biggest automotive supplier.
Unipoint, with 124 million dlrs in sales last year,is a Taiwanese maker of starters, alternators, temperature control parts and wiper blades for the aftermarket. It has plants in mainland China and in Taiwan as well as various sales locations.
"Our aim is to further strengthen the position of Bosch as the leading supplier of starters, alternators and wiper blades in the automotive aftermarket," said Robert Hanser, head of Bosch's aftermarket business. "We also wish to expand our business in Asia," he added in a press release.
The Unipoint Group willbecome part of Bosch's aftermarket division. Those operations had 2010 sales of 4.1 billion euros and employed more than 10,000 people worldwide.
The acquisition is still subject to regulatory approval.