BSH Bosch und Siemens Hausgeräte GmbH is being renamed BSH Hausgeräte GmbH. This is being carried out as part of the takeover of Siemens AG shares in the former joint venture by Robert Bosch GmbH. Robert Bosch GmbH became the sole shareholder of BSH on January 5. In future, BSH will act for the most part independently as a company within the Bosch Group. Karsten Ottenberg will also remain chairman and ceo of BSH in the future.
With annual sales of around 10.5 billion euro in 2013 and about 50,000 employees, BSH Hausgeräte GmbH is one of the global leaders in the home appliance sector. BSH manufactures at 42 factories, operates over 80 companies and has a presence in 47 countries.
The company manufactures several kind of home appliances in different sectors, such as cookers, ovens and extractor hoods, dishwashers, washers and dryers, fridges and freezers, small appliances such as vacuum cleaners, coffee machines, kettles, irons and hairdryers.