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Bosch North America

Bosch closes deal to acquire Accu Industries Inc.

* Contract signed March 12, 2008; deal closed April 1, 2008
* All functional areas to be integrated into the Diagnostics business unit of Bosch’s North American Automotive Aftermarket division
BROADVIEW, IL - Today, Robert Bosch LLC announced the finalization of its acquisition of Accu Industries, Inc. as reported last month. The closing clears the way for the integration of Accu Industries facilities, operations and associates into the Diagnostics business unit of Bosch’s North American Automotive Aftermarket division.

Accu Industries brings new product additions and a nationwide sales and service organization to Bosch’s wheel service portfolio. This will strengthen the overall Bosch Diagnostics North American operation and position it for long-term growth and profitability in the future.

The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 260,000 associates generated sales of $63.2 billion in fiscal 2007. The Bosch Group comprises Robert Bosch GmbH and its roughly 300 subsidiary and regional companies in over 50 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spends more than three billion euros each year for research and development, and in 2006 applied for over 3,000 patents worldwide. The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.”

In North America, the Bosch Group manufactures and markets automotive original equipment and aftermarket products, industrial automation and mobile products, power tools and accessories, security technology, thermo-technology, packaging equipment and household appliances. Bosch employs 24,750 associates in more than 80 primary and 20 associated facilities throughout the region. For more information on the company, visit www.boschusa.com or www.boschdiagnostics.com.



Bosch Closes Deal to Acquire Accu Industries Inc. - April 2008

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