The Bossard Group, Zug, Switzerland, strategic partner for industrial fastening and assembly technology solutions to global OEM companies, has agreed to acquire the Ferdinand Gross Group, a distributor of fastening technology based in Leinfelden-Echterdingen, Germany.
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With the acquisition, Bossard will add 260 employees and locations in Germany, Poland and Hungary. The move is expected to be finalized in the first quarter 2025.
“Bossard is the ideal partner for the Ferdinand Gross Group and our employees to forge a joint path into the future,” said Gerald Gering, managing director for Ferdinand Gross. “The strengths of both companies will form the basis for accelerating our growth and expanding our range of products and services, while ensuring that our customers continue to receive first-class service.”
Bossard serves customers from more than 81 locations across 31 countries.