Bosch Nears Deal to Sell Security Assets to Triton, Sources Say
- The transaction is expected to close by the end of 1H 2025
- The assets are valued at around €700 million in the divestment
A divestment would trim Bosch’s portfolio following its $8 billion agreement to acquire Johnson Controls International Plc’s heating and ventilations assets earlier this year.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Robert Bosch GmbH agreed to sell its security and communications technology product business to private equity firm Triton Partners, as the German parts supplier trims its portfolio.
The transaction includes three business units — video, access and intrusion as well as communication — which employ about 4,300 people across 90 locations globally, according to a statement on Thursday that confirmed an earlier Bloomberg News report.