Bosch Building Technologies acquires British fire protection equipment supplier

Bosch Building Technologies plans to acquire British security and fire alarm specialist Protec Fire and Security Group Ltd. Bosch and Protec signed contracts to this effect on October 22, 2021, according to a Bosch Group statement. Protec employs some 1,100 associates at its nine European locations in the United Kingdom and the Netherlands, and generated annual sales of more than 125 million British pounds (around 142 million Swiss francs) in fiscal 2021, according to preliminary figures.

Protec: a leading system integrator for fire alarm technology

With the acquisition of Protec, Bosch Building Technologies intends to expand its business and grow further in the European market. The parties have agreed not to disclose the purchase price. The takeover is subject to approval by the relevant antitrust authorities. Protec is one of the leading systems integrators for security and fire alarm technology in the United Kingdom.

Bosch Building Technologies currently maintains its European systems integrator business in Germany and the Netherlands. In addition, Bosch is also active as a systems integrator with the division in the USA and Asia. In addition to the United Kingdom, the Netherlands is another important market for Protec, where the company generates the largest share of its foreign sales. There, the company is mainly active under the Hacousto Protec brand. In the UK, Protec maintains five sales locations in addition to its corporate headquarters with its affiliated development and manufacturing center in Nelson (Lancashire). In the Netherlands, the British company has three locations.

Source: Press release