Bosch Building Technologies completes acquisition of British Protec Fire and Security Group Ltd.

• Protec is one of the largest system integrators for fire detection and security technology in the UK, with around 1,100 employees.
• With the acquisition, Bosch Building Technologies is expanding its European business.
• Approvals have been obtained from the antitrust authorities.

Grasbrunn, Germany – Bosch Building Technologies completed the full acquisition of Protec Fire and Security Group Ltd. on November 30, 2021. Prior to this, the relevant antitrust authorities had approved corresponding applications. The corresponding agreements were signed on October 22 of this year. With the acquisition of Protec, one of the UK's leading system integrators for security and fire detection technology with an innovative product portfolio, Bosch Building Technologies is strengthening its European business. Protec has around 1,100 employees and, according to preliminary figures, generated annual sales of GBP 125 million (around 142 million euros) in the fiscal year 2021.

"We are very pleased to officially welcome Protec and its highly qualified employees as part of Bosch Building Technologies", says Thomas Quante, president of Bosch Building Technologies. "We will learn from each other and share our respective expertise and many years of experience in order to jointly bring new innovative solutions to the market for our customers", Quante adds.

Protec operates mainly in the UK and, under the brand Hacousto Protec, in the Netherlands and is headquartered in Nelson, Lancashire, UK. Here, the company also maintains its own development and manufacturing centre. Protec's products and services are used in transportation and industry, among numerous other sectors.

Florian Lauw
Phone: +49 89 6290-1647
E-mail: Florian.Lauw@de.bosch.com

The Bosch division Building Technologies is a leading global supplier of security, safety, and communications products and systems. In selected countries Bosch offers solutions and services for building security, energy efficiency and building automation. About 8,800 associates generated sales of 1.9 billion euros in 2020. Protecting lives, buildings and assets is the major aim. The product portfolio includes video security, intrusion detection, fire detection and voice evacuation systems as well as access control and management systems. Professional audio and conference systems for communication of voice, sound and music complete the range. Building Technologies develops and manufactures in its own plants in Europe, Americas and Asia.

Additional information is available online at https://www.boschbuildingtechnologies.com

The Bosch Group is a leading global supplier of technology and services. It employs roughly 395,000 associates worldwide (as of December 31, 2020). The company generated sales of 71.5 billion euros in 2020. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology.

As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 129 locations across the globe, Bosch employs some 73,000 associates in research and development, of which nearly 34,000 are software engineers.

Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, LinkedIn : @BoschUK