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March 13, 2017

BSH Home Appliances Group intends to sell its Garment Care Business and starts M&A Process

Home Appliance Manufacturer is looking for the best suitable buyer in order to maintain the Business and Production

Munich, March 13th 2017 (bsh) – Small domestic appliances (SDA) play an important role in the global growth strategy of BSH Home Appliances Group. After an intensive analysis of the market and its business challenges, Europe's leading Home Appliance Manufacturer has decided to focus its activities and to concentrate its future investments on the fields of food preparation, beverage solutions and indoor cleaning as strategic categories for profitable growth. As a consequence of this strategic approach, BSH intends to sell its Garment Care Business. The company will start an M&A process for its factory in Vitoria (Spain). [...]

BSH is one of the leading manufacturers of home appliances worldwide and aims to profitably grow in all areas. We strive to be successful in a strong international competition by offering the best products, solutions and services to our consumers and we want to extend our leading position in the global market. Therefore we intend to sell our Garment Care Business as we believe that the strategic categories of Food Preparation, Beverage Solutions and Indoor Cleaning offer us the best abilities to reach our profitable growth targets. Our aim is to find the best suitable, reliable and trustful buyer who is able to secure a long-term viability for the Garment Care Business and to maintain the production activity in Vitoria. A dedicated Team of experts will support the M&A process to achieve this goal. The garment care business assets include our factory in Vitoria/Spain with a production capacity above 2 million garment care appliances and with a professional workforce of around 200 employees.

In the upcoming month BSH will still be launching excellent new Garment Care products with truly innovative features. The company will continue to serve the markets on the same high service level until the M&A process is completed successfully.

BSH manufactures a wide range of irons and steam generators and has more than 100 ironing related patents registered in at least one country. BSH has competed successfully and with a strong position amongst the leading manufacturing companies within this market. Garment care products manufactured by BSH have been recognized several times as test winners by relevant consumer organizations in various countries such as Germany, Spain, and United Kingdom.

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Sobre BSH:

BSH Hausgeräte GmbH es una de las empresas líderes del sector en todo el mundo con una facturación de aproximadamente 13.100 millones de euros en 2016 y más de 58.000 empleados. BSH fabrica sus productos en unas 40 fábricas y esta presente en 50 países con una extensa red de 80 empresas de ventas, producción y servicios. BSH Electrodomésticos España encabeza el mercado español de electrodomésticos a través de sus marcas Bosch, Siemens, Gaggenau, Neff, Ufesa y Balay. En España cuenta con una amplia presencia, empleando a unas 4.000 personas. Posee siete fábricas: dos plantas en Montañana y una en La Cartuja (Zaragoza), dos en Navarra (Esquíroz), una en Santander y otra en Vitoria. Además, tiene dos centros operativos en Zaragoza y Huarte (Navarra) y un almacén central, el Centro Logístico PLA-ZA (CLP), desde donde BSH distribuye sus electrodomésticos a los mercados español y de exportación. En el CLP se encuentra también la central del Servicio BSH al Cliente que proporciona el soporte de servicio para todos los productos de BSH a través de 252 centros especializados en todo el país.

Contacto para periodistas:

BSH Electrodomésticos España, S.A.
Comunicación Corporativa
Irene de Latorre
Teléfono: +34 976 578 011
E-mail: comunicacion.corporativa@bshg.com

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