According to the company, corresponding agreements were signed by Bosch and DMS AG on July 18, 2024. It has been agreed that the purchase price will not be disclosed. The acquisition is subject to approval by the relevant regulatory authorities.
With the purchase of DMS AG, Bosch Building Technologies intends to further strengthen the important growth area of building automation. The acquisition complements the 2019 and 2022 purchases of GFR Gesellschaft für Regelungstechnik und Energieeinsparung – now Bosch Building Automation GmbH – and Hörburger GmbH. Last year, Bosch Building Technologies grew by 25 percent in the building automation sector in Germany, significantly outperforming the market.
With the acquisition of DMS AG, Bosch Building Technologies has added the important area of process automation to its range of solutions, becoming a full-service provider for industrial manufacturing companies. The portfolio includes integrated and cross-domain solutions in the areas of building security, building automation, energy efficiency, sustainability consulting and digital services.
"With DMS AG, another building automation specialist with highly qualified and experienced associates complements our system integrator business. Together, we want to expand our existing portfolio for industrial customers and develop new forward-looking solutions and services that will enable the economical and sustainable operation of industrial buildings through to production," says Thomas Quante, president of Bosch Building Technologies.
"We are very pleased to be part of Bosch Building Technologies in the future. Together, we can generate new added value for industrial customers," says Jörg Hössl, CEO of DMS AG.