Van Halteren Groep, based in Bunschoten, intends to take over the Large Projects activities in Boxtel from Bosch Rexroth. Both companies signed an agreement on the transaction on September 29, 2021. All approximately 250 employees in the project company in Boxtel will be transferred to Van Halteren. The transaction is subject to the approval of the merger control. The parties have agreed not to disclose the purchase price.
“With Van Halteren, we have found a new owner for Store Projekter in Boxtel, who can complement our own activities well and offer our employees a positive long-term perspective. The Dutch family business has been active in the industrial sector for more than 50 years and has also been active in the project industry for many years. Van Halteren therefore appreciates our employees’ strong technical abilities and in-depth, specific know-how, ”said Steffen Haack, a member of Bosch Rexroth’s board of directors and responsible for engineering activities and for the Industrial Hydraulics division.
Van Halteren is a group of industrial companies that focus on providing products and technologies to customers from various markets such as industry and high voltage. The family business Van Halteren, founded in 1969, is active worldwide and provides high-quality technical products and services with a strong service orientation to its customers. Over the years, Van Halteren has gained a wealth of experience in the major project activities.
Investment in own companies
As a third-generation family business, Van Halteren pursues a long-term strategy based on reliability, technological innovation and social responsibility. Van Halteren is known for investing heavily in its own companies in order to maintain a leading position in the most important markets. For example, every year a lot is invested in process improvements, product development and employee training. The medium-sized technology company has approximately 400 employees worldwide in five locations.
Van Halteren’s growth strategy
“The acquisition of the Large Projects activities in Bosch Rexroth in Boxtel is a great opportunity for us and fits into the Group’s growth strategy. It is an important expansion of our existing industrial technology product portfolio and will give us an impetus for further growth and diversification, for example in the areas of motion simulation, infrastructure projects, renewable energy and energy management solutions. We look forward to adding experienced colleagues with their professional knowledge to our team, ”says Izaak Veerman, CEO of Van Halteren.
Complex large projects
With the project company, Bosch Rexroth not only advises and supplies its customers with the right drive and control technology. The company also acts as a turnkey contractor – from coordinating a large number of suppliers to project management to commissioning – and takes responsibility for the system.
Over the last few decades, Bosch Rexroth has successfully completed a large number of complex large-scale projects around the world, such as the drive and control solution for Maeslantkering, one of the most important storm surge barriers at the Delta plant in the Netherlands.
Rexroth focuses on core activities
In the spring of 2021, Bosch Rexroth announced its intention to sell the project company. Acquiring and executing large projects no longer fits into Bosch Rexroth’s core business and strategy, which focuses on industrial and mobile hydraulics and factory automation. The hunt for an industrial investor who will responsibly continue the Large Projects business is now complete – with just five months from advertising and buyer choice to signing.
The Bosch Group will continue to be present at the Boxtel location following the sale of the Large Projects activities. The national Bosch Rexroth sales and service organization in the Netherlands remains located here. In addition, the Boxtel location will also in future house parts of the Bosch Group’s administration in the Netherlands. In the future, the Bosch Group will employ approximately 200 Boxtel employees.