Bosch Building Technologies Set to Acquire Protec Fire and Security Group Ltd.
Bosch Building Technologies plans to acquire Protec Fire and Security Group Ltd. a system integrators for security and fire detection technology, headquartered in Nelson, U.K.
Corresponding agreements were signed by Bosch and Protec on Oct. 22, 2021. Protec employs around 1,100 employees at its nine European locations in the U.K. and the Netherlands and generated sales of GBP 125 million (around 142 million Euro) in the fiscal year 2021, according to preliminary figures.