Bosch invests in new UK headquarters
New building will be adjacent to the company’s existing offices in Denham, Buckinghamshire
Bosch UK has acquired the site neighbouring their headquarters in Broadwater Park, Denham. The site includes an office building on approx. 14 acres of land.
Bosch UK headquarters has been based in Denham since 1984, when it moved from its previous location in Watford. The Buckinghamshire site is located just inside the M25 and is close to Heathrow Airport and other transport links.
Managing Director of Bosch UK, Vonjy Rajakoba, said: “This purchase continues our long-term investment in the UK and Ireland and we are passionate about encouraging investment in the area which is home to many innovative, world-leading businesses. Not only does the site expansion allow us to achieve our vision of a vibrant and collaborative office space, it will also enhance our skills and expertise in the development of low carbon technologies. It will be a headquarters to be proud of.”
Richard Harrington, Chief Executive, Buckinghamshire Local Enterprise Partnership said: “This is an exciting international investment from one of the most significant companies currently operating out of Buckinghamshire.”
Martin Tett, Leader of Buckinghamshire County Council said: "Bosch are a major contributor to both the UK and Buckinghamshire economy. I am delighted by this new development."
Lord Grimstone, Minister for Investment at the Department for International Trade and the Department for Business, Energy & Industrial Strategy, said: “Bosch's decision to expand its HQ is a vote of confidence in the UK as a world leader in developing innovative technologies that support a sustainable, greener future. The investment will support high-skilled jobs locally, boost the local economy."
Contact persons for press inquiries:
James Bolton
Phone: +44 77 8376 9942
James.Bolton@uk.bosch.com
The Bosch Group is a leading global supplier of technology and services. It employs roughly 402,600 associates worldwide (as of December 31, 2021). The company generated sales of 78.7 billion euros in 2021. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 128 locations across the globe, Bosch employs some 76,100 associates in research and development, of which more than 38,000 are software engineers.
The company was set up in Stuttgart in 1886 by Robert Bosch (1861–1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant upfront investments in the safeguarding of its future. Ninety-four percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The remaining shares are held by Robert Bosch GmbH and by a corporation owned by the Bosch family. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust.
Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, LinkedIn : @BoschUK