Stuttgart - The Bosch Group’s Automotive Aftermarket business announced it has
acquired RTI Technologies Co., Ltd. on December 07. RTI Technologies Co., Ltd.
specializes in the development and distribution of automotive maintenance equipment
including air condition service (ACS) machines. The company, based in York,
Pennsylvania (USA), had sales of $12.0 million (8.6 million euros) in 2009 and employs
36 associates, all of whom will be retained by Bosch. Terms of the agreement will not
be disclosed.
“The automotive air conditioning service is an important opportunity for Bosch to grow
its Diagnostic business globally,” said Robert Hanser, president, Automotive
Aftermarket, Robert Bosch GmbH. “The acquisition of RTI Technologies offers us an
outstanding opportunity to meet the immediate needs of our customers with
automotive maintenance equipment, especially air condition service for the next
generation refrigerant R1234yf. We are looking forward to providing these innovative
products to our customers, especially in the European market, beginning next year.”
Established in 1990, RTI develops, assembles and sells various types of automotive
maintenance equipment including the ACS machines in the U.S. market. The
business is uniquely positioned to provide access to the technology for new ACS
machines to deliver the new refrigerant R1234yf, which will be introduced into the
market beginning in 2011 in Europe.
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