Latham & Watkins Advises Bosch on the Sale of Its Security and Communications Technology Product Business

Latham & Watkins LLP has advised Bosch on the sale of its building technologies division’s product business for security and communications technology to the European investment firm Triton. The transaction encompasses three business units — video, access and intrusion, and communication — and thus the entire product business of Bosch building technologies that was offered for sale.

It has been agreed that the purchase price and other details of the purchase agreement will not be disclosed. The transaction is subject to regulatory approvals and further customary closing conditions. It is expected to be closed by the end of the first half of 2025.

The Bosch team was led by Matthias Klatt, with Ulrike Acker, Rainer Bischof, and Kathrin Rettner advising on corporate M&A matters, and Uwe Schneider advising on IP.

The Latham team was led by Munich corporate partner Rainer Traugott, with Frankfurt corporate partner Christina Mann and Munich corporate partner Stephan Hufnagel, with associates Andreas Holzgreve, Lara Stelmach, Juan Garcia Jacobsen, Lena Hummel, Chris Freitag, Jeremias Bura, Julian Glaub, and Dennis Amiri. Advice was also provided on corporate/IP matters by Frankfurt partner Susan Kempe-Müller, with associate Johannes Huschka; on employment matters by Munich partner Tobias Leder and associate Martina Hoelzer; on tax matters by Hamburg partner Verena Seevers, with associate Manuela Minsel; on antitrust matters by Frankfurt partner Max Hauser and Hamburg partner Jana Dammann de Chapto, with associate Markus Welzenbach; on regulatory matters by Frankfurt counsel Joachim Grittmann; on real estate matters by associates Marie-Christine Welp and Sebastian von Hornung; on tech matters by London partner Christian McDermott.