From Bosch subsidiary to middle market company : how Bosch Rexroth Fluidtech became Aventics

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Étienne PIOT

Président d’Aventics et président du pôle de compétitivité Mont-Blanc Industries

Seminar Industrial adventures | Tuesday October 14, 2014 - 17h30 - 19h30

The Compagnie parisienne d’outillage à air comprimé (CPOAC) was established in Paris in 1947 and a factory was built in the Haute-Savoie département in 1961. It was bought by Bosch in 1984 and became known as Bosch Rexroth Fluidtech in 2003. The company designs and produces pneumatic valves‚ pneumatic and hydraulic cylinders, as well as providing solutions for customers in three key areas ; the food-processing industry‚ the automotive industry and heavy industry. In 2011, Bosch decided that this activity was no longer strategic and decided to sell the company. The subsidiary’s management started the complex job of ‘extracting’ this company from a Group whose activities were very closely intertwined. Above all, they had to put the past behind them and think of a new direction for their company apart from Bosch. In order to compensate for the loss of certain functions which had previously been provided by the Bosch Group, the new company, Aventics, created partnerships with other firms in its geographical area who were part of the Mont-Blanc Industries competitiveness cluster and whose president is also Étienne Piot.

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