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Bosch Group Acquires CST/berger

July 9, 2008
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On June 11 the Bosch Group announced that it has entered into an agreement to acquire CST/berger from The Stanley Works portfolio. The parties expect to complete the transaction, which is subject to regulatory and other approvals, in the next few months.  

The Bosch Group is a leading supplier of automotive and industrial technology, consumer goods and building technology with sales of $63.2 billion USD in fiscal year 2007 and over 271,000 employees worldwide.

The acquisition of CST/berger by Bosch Power Tools division will create a vibrant measuring tools business that will enable us to continue growing with innovative products to meet the needs of all our customers. The new ownership will provide a platform for significant brand expansion and a broader product portfolio.

As soon as the transaction is completed we will begin the process of combining the strength of the CST/berger and Bosch measuring tool programs. Both companies have a deep heritage and unyielding commitment to our customers, and we intend to continue delivering on that commitment through this transition.

CST/berger has a new domain on the web- www.cstberger.com. This is our new home and will begin showing up in all media.

We will continue using www.cstsurvey.com.

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