sia Abrasives
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The Bosch Corporation joins the abrasives business, acquiring the Swiss company sia Abrasives

• Sia Abrasives is one of the world’s three leading suppliers of abrasives.

• José Pérez, director of the subsidiary in Mexico, expects a Business growth for this year.

• Studies collaboration synergies with Plants and divisions of Bosch in Mexico.

Acquiring the Swiss company sia Abrasives, the Bosch Corporation establishes fundamental synergies inside its Plants worldwide, including the Plants located in Mexico, at the same time that amplifies its productive capacity, offering more industrial products.

technology and potential of this company, places it as the third most important worldwide in the abrasives industry.

The abrasives are necessaries in practically all the manufacturing applications, like in reparation and maintenance activities. Like an example of that, we can mention the denim discoloration, used in several garments, like jeans that are made trough the use of abreasives.

José Pérez Alcalá, director of sia Abrasives in Mexico, explains that this company founded on 1867, owns 16 subsidiaries around de world and representations on more than 80 nations.

The 90% of the company’s sales are made outside Switzerland. Its incursion in Mexico began since 2001, where counts with a distribution network that allows it serve the national Market and some countries of Central America.

Despite the unfavorable environment of the country, the company in Mexico – that had a financial behavior of two digits growth - will obtain in this exercise a significant growth, althought minor; because of the undertaken actions and the recovery observed on the last months, it is expected to take up again the two digit rate growth on 2010.

 Tough actually its commercial operation is concerted principally on the manufacture of abrasives for panels, wood products, from de automotive industry and mechanical metal, the third world’s manufacturer of abrasives search to expand in Mexico its participation, with base in a consolidated structure of distribution and service around the national territory. The products that sia Abrasives offers for the national Market, are divided on the category of coated abrasives, foam abrasives, non woven abrasives, micro-abrasives and accessories indispensables to improve the productivity and finished of surfaces.

The most immediate expectative for the company in Mexico, result of it incorporation to Bosch, exposed José Pérez Alcalá, settles on the collaboration synergies with its companies and the possibility to add its products to the Power Tools portfolio, firm that has already an extended image consolidation with the ironmongers, distributors and

More information about Bosch:

The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 280,000 associates generated sales of 45.1 billion euros ($66.4 billion) in fiscal 2008. The Bosch Group comprises Robert Bosch GmbH and its more than 300 subsidiaries and regional companies in over 60 countries. Including sales and service partners, Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Each year, Bosch spends more than 3.5 billion euros ($5.7 billion), or eight percent of its sales revenue, for research and development and applies for over 3,000 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.

In North America, the Bosch Group manufactures and markets automotive original equipment and aftermarket products, industrial drives and control technology, power tools, security and packaging technology, thermotechnology, household appliances, solar energy and healthcare. Bosch employs nearly 24,000 associates in more than 70 locations throughout the U.S., Canada and Mexico, with reported sales of $8.6 billion in fiscal 2008.

For more information on the company, visit www.bosch.com.mx

Note: Figures based on 2008 conversion rate of 1 Euro = $1.4710 U.S.; 2007 rate of 1 Euro = $1.3704 U.S.

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