Weidmuller Purchases Bosch Rexroth Monitoring Systems GmbH

RICHMOND, VA (November 16, 2016) - The Weidmuller Group is pleased to announce the purchase of Bosch Rexroth Monitoring Systems GmbH from Bosch Rexroth AG. The acquisition was completed on November 1, 2016, following review and approval of the Competition Authorities. With this acquisition, Weidmuller strengthens its presence in the wind power industry and expands its solution portfolio for condition-monitoring technologies.

The new subsidiary, located in Dresden, Germany, employs 25 people and effective immediately, will operate under the name of “Weidmuller Monitoring Systems”. As part of the acquisition, the Weidmuller Group purchased the former facility of Bosch Rexroth Monitoring Systems in Dresden, where the condition-monitoring systems for wind power installations are developed, manufactured and distributed. These systems, marketed under the brand name BLADEcontrol®, monitor the condition of wind turbine rotor blades and provide the ability to detect ice build-up.

“Weidmuller Monitoring Systems breathes new life into our existing solution portfolio for the wind energy sector,” said Dr. Peter Köhler, Chief Executive of the Weidmuller Group. “Thanks to our new subsidiary and its excellence in the area of rotor blade-based damage detection for wind turbines, our portfolio for wind turbine condition monitoring has become considerably more appealing in Germany and worldwide. We are delighted to be able to work together with our new employees in designing customized automation solutions for the wind energy systems of the future.”

The Weidmuller Group and Bosch Rexroth AG agreed not to disclose the purchase price of Bosch Rexroth Monitoring Systems GmbH, which has experienced rapid growth, and is expected to post significantly higher revenue this year, compared to 2015.

Weidmuller supports customers and partners around the world with products, solutions and services in the industrial environment of power, signal and data. The company develops innovative, sustainable and useful solutions that set standards in Industrial Connectivity today and continually work toward providing solutions for the technology challenges of tomorrow. The Weidmuller Group owns manufacturing plants, sales companies and representatives in more than 80 countries.

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