Bossard CEO to step down in 2019
Dr Daniel Bossard is to succeed current CEO David Dean at Bossard Group. David Dean announced he would step down after 15 years as CEO, leaving in April 2019. His association with the company will continue – his election to the Board of Directors will be petitioned at the 2019 AGM. After considering candidates external and […]
Growth in US, Europe & Asia for Bossard as sales grow 13%
Bossard Group enjoyed sales growth and set new records in all market regions last year. Sales in fiscal year 2017 rose 13.1% to CHF 786.2 million, fuelled by double-digit growth rates in all Europe, America and Asia. In Europe, Q4 sals grew 16.1% (57% of revenue). In America, the Group’s existing business contributed to the […]
More growth for Bossard as Q3 sales rise 12.4%
The Bossard Group has produced another strong financial performance in Q3 2017, with sales up 12.4% to CHF 194.6 million (approx $199 m). All three market regions saw solid growth and sales overall rose 14.1% to CHF 589.7 million (approx US $603.2 m). Europe saw accelerated growth, with sales up 12.5% in Q3. In America, Bossard continues […]
Bossard beats expectations with higher mid-year profits
High sales growth in all market regions has resulted in an above-average mid-year profit for Bossard – the firm behind With performance considerably stronger than early-year expectations, the group cited above-average growth rates for America, Europe and Asia. Consolidated net income in the first half of 2017 is expected to be more than 30% above […]
Bossard opens first Design Centre in California
Bossard Americas has opened the doors to its first-of-its-kind Bossard Design Centre (BDC) in Milpitas, California. The 300m2 facility is designed to find and design the right solutions for customers and support them throughout the process – from design to final assembly testing. The BDC also includes a 140m2 seminar room for up to 85. […]
Countdown to Torque-Expo Singapore: Malaysia focus
Penang-based Chin Well Holdings produces over 3,000 types of fasteners and is one of the most significant fastener players in Malaysia, with 600 employees and fastener revenues of RM101.46 million (approximately £18m) in the last reported quarter. According to local news outlet the Star.com, Chin Well is set to benefit from steel production curbs in China with the wire rods […]
America boosts Bossard results for Q1 2017
Bossard has seen its highest growth in America in Q1 2017, with sales up 29.9% to CHF 56.9m (+28.4% in local currency). Although buoyed by the Arnold Industries acquisition at the tail end of last year, Bossard said growth was strong in the US market even without the acquisition. Working with “the largest US electric […]
Europe and America fuel Bossard sales record
Sales hit CHF 695 million (£562m) in fiscal year 2016 for Bossard Group, up 5.9%. Q4 2016 saw sales up a whopping 15.1% compared to the same period in 2015, at CHF 181.7 million. Europe (+8.2%) and America (+38.9%) were the star performing territories for Bossard, the latter thanks in part to the acquisition of […]
Bossard expands in the USA with Arnold acquisition
Bossard Group has extended its presence in the USA and Northeast with the acquisition of Arnold Industries, which is now complete. New England-based Arnold Industries specialises in the distribution of electromechanical components and fasteners. It has approximately 100 employees and generates USD $40 million in sales annually. Bossard, supplier of product solutions and services in industrial […]