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Bosch Acquires Cobi2017-12-04 source own
For some time, there has been rumours swirling about the possible takeover of Cobi by Bosch eBike Systems. This week, the deal has been finalised after first being announced in September. Claus Fleischer, Business Manager at Bosch eBike Systems, has said “Cobi’s expertise, technology and experience are perfect ingredients for developing future mobility solutions.”
Due to an agreement between both parties, we don’t quite know the purchase price but Cobi is now a fully-fledged subsidiary of Bosch. For Cobi, there won’t be too many changes immediately with the production to continue as it is, the workforce to remain, and the headquarters set to stay in Frankfurt am Main.