Bossard acquires fastening elements specialist BRUMA
Bossard has bolstered its position in the German market with the acquisition of BRUMA Schraub- und Drehtechnik, a specialist in customised engineering screws, fastening elements and turned parts for series production. BRUMA, based in Velbert, operates in a number of markets, particularly the automotive and electrical industries. It turns over €11 million annually and employs […]
America and Asia help Bossard break records in 2018
Bossard Group once again posted record results, this time for the 2018 financial year, bolstered by an unexpectedly strong performance from the business in America and Asia. Sales rose 10.8% to CHF 871.1m compared to 2017. All market regions contributed to this significant growth. Q4 saw the business in America and Asia grow by double-digits, while demand in […]
Bossard pulls in supplier award from John Deere
Bossard North America and Bossard Mexico has again earned recognition as a Partner-level supplier for 2018 in the John Deere Achieving Excellence Program. The Partner-level status is Deere & Company’s highest supplier rating. Bossard, both in the USA and Mexico, was selected for the honour in recognition of its dedication to providing products and service of outstanding quality […]
Bossard expands in China with fastener acquisition
The Bossard Group has bolstered is its market position in China with the acquisition of Linquan Precision Co. Ltd., Suzhou. Bossard’s currently has 12 sites in the Chinese market, numbering 280 employees. According to Bossard, the acquisition complements the existing product range with fastening solutions for demanding industries. Linquan Precision generates annual sales of around […]
Bossard takes stake in Swiss 3D printing company
Bossard Group has strengthened its competency in additive manufacturing by acquiring a 49% stake in 3d-prototyp GmbH in Stans, with a view to making that a 100% share in the next three years. The move is the latest in a 3D printing strategy which saw Bossard announce partnerships with three 3D printer manufacturers in spring this year, […]
Bossard’s sales reach record highs in first half of 2018
Following Bossard’s “best quarter ever“, the group has posted record highs in the first half of 2018. Sales in H1 rose 13% to CHF 446.3 million, with growth across all three of its market regions (Europe, America and Asia). Excluding last year’s extraordinary income of CHF 4.5 million net from a real-estate sale, net income […]
Bossard lines up new manager for North and East Europe
Bossard has appointed Dr Frank Hilgers as the future Manager of business units in the North and East European economic area, including Germany, Scandinavia, Poland and other eastern European growth markets, effective 1 May 2019. Dr Hilgers will take over this area of responsibility from Dr Daniel Bossard, in addition to his previous group-wide responsibility […]
Martin Kühn joins the Bossard board as Helen Wetter-Bossard resigns
Bossard’s Board of Directors has elected Martin Kühn following the resignation of Helen Wetter-Bossard. The move was mooted in January 2018. Martin Kühn has been with the KIBAG Group since 2010 and will bring his knowledge as CFO of KIBAG and his experience as a business economist and Swiss-certified auditor to the Board of Directors. The shareholders AGM approved […]
Bossard begins 2018 with a bang thanks to ‘best quarter ever’
Bossard Group has signalled a record-breaking start to 2018 ahead of its formal quarter financial statement to counter market speculation around Tesla’s recent recall of the Model S. Just before Easter, Tesla recalled 123,000 Model S vehicles following a power steering component issue. Tesla is a major Bossard customer in the US electric vehicle sector, […]
Bossard enters the additive manufacturing & 3D printing market
Bossard Group has teamed up with three partners for its move into the emerging market of 3D printing. Cooperation partners for the Swiss market include TRUMPF (laser metal fusion), German RepRap (fused filament fabrication) and Henkel (stereolithography). These partnerships will allow Bossard to sell 3D industrial printers and related consumables (metal powder, filaments, etc). Bossard will also act as […]