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Another exit: HTGF sells EH‑D to Bosch Rexroth

Photo: Dr. Stef­fen Haack, Member of the Board of Manage­ment of Bosch Rexroth AG (right) and Kai Böhner, Mana­ging Direc­tor of EH‑D GmbH
30. June 2021

Bonn — High-Tech Grün­der­fonds (HTGF) can report another successful exit. The assets of EH‑D were sold to Bosch Rexroth. The loca­tion will remain, the employees will move to Bosch Rexroth. — It is the ninth port­fo­lio company of HTGF to be acqui­red by a fund inves­tor of HTGF. Robert Bosch GmbH is inves­ted in all three HTGF funds. HTGF is a seed inves­tor for tech­no­logy start-ups, but also a plat­form for exch­ange between corpo­ra­ti­ons, medium-sized compa­nies and start-ups.

“By taking over the special compact axis know-how, we will be able to offer our custo­mers a tech­no­lo­gi­cally and econo­mic­ally leading drive solu­tion for all perfor­mance clas­ses in the future and drive forward the elec­tri­fi­ca­tion of indus­trial appli­ca­ti­ons. In addi­tion, the broa­der port­fo­lio supports us in our stra­tegy to win custo­mers in further sectors such as the food indus­try.” Dr. Stef­fen Haack, Member of the Execu­tive Board of Bosch Rexroth AG respon­si­ble for Deve­lo­p­ment and Head of the Indus­trial Hydrau­lics Busi­ness Unit, said.

The compact axles of EH‑D and Onovum EH‑D and Onovum have a leading posi­tion in this market segment and have a wide range of custo­mers. They are used in a wide range of appli­ca­ti­ons in various indus­tries where linear move­ments with high force are requi­red: typi­cally in plas­tics machi­nery or pres­ses, in power plant engi­nee­ring, the steel indus­try, metal proces­sing, refri­ge­ra­tion, the food indus­try or in mobile appli­ca­ti­ons. As early as 2010, High-Tech Grün­der­fonds (HTGF) and Bayern Kapi­tal inves­ted in EH‑D (form­erly Böhner-EH GmbH) as part of a seed finan­cing round.

Dr. Andreas Olmes, Prin­ci­pal of High-Tech Grün­der­fonds: “We are extre­mely proud that foun­der and CEO Kai Böhner has revo­lu­tio­ni­zed elec­­tro-hydrau­­lic drives on the basis of the invest­ment toge­ther with Bayern Kapi­tal in 2010. We are all the more plea­sed that this in turn convin­ced Bosch, repre­sen­ted by Bosch Rexroth, an inves­tor in HTGF from the very begin­ning and throug­hout, to take over EH‑D and inte­grate it into its own product range. Congratulations!”

About Bosch Rexroth

As a leading global supplier of drive and control tech­no­lo­gies, Bosch Rexroth ensu­res effi­ci­ent, powerful and safe motion in machi­nes and systems of all types and sizes. The company bund­les world­wide appli­ca­tion expe­ri­ence in the market segments of mobile appli­ca­ti­ons, plant engi­nee­ring and cons­truc­tion, and factory auto­ma­tion. With intel­li­gent compon­ents, custo­mi­zed system solu­ti­ons, and services, Bosch Rexroth crea­tes the condi­ti­ons for fully networ­kable appli­ca­ti­ons. Bosch Rexroth offers its custo­mers hydrau­lics, elec­tric drive and control tech­no­logy, gear tech­no­logy, and linear and assem­bly tech­no­logy, inclu­ding soft­ware and inter­faces to the Inter­net of Things. With a presence in more than 80 count­ries, over 29,600 employees gene­ra­ted sales of around 5.2 billion euros in 2020. www.boschrexroth.com

About High-Tech Gründerfonds

The seed inves­tor High-Tech Grün­der­fonds (HTGF) finan­ces tech­no­logy start-ups with growth poten­tial. With a volume of around EUR 900 million spread across three funds and an inter­na­tio­nal part­ner network, HTGF has supported more than 600 start-ups since 2005. His team of expe­ri­en­ced invest­ment mana­gers and start-up experts supports the young compa­nies with know-how, entre­pre­neu­rial spirit and passion. The focus is on high-tech start-ups in the fields of digi­tal tech, indus­trial tech, life scien­ces, chemis­try and rela­ted busi­ness areas. More than EUR 3 billion in capi­tal has been inves­ted in the HTGF port­fo­lio by exter­nal inves­tors in more than 1,700 follow-on finan­cing rounds to date. In addi­tion, the fund has alre­ady successfully sold shares in more than 130 companies.
Inves­tors in the public-private part­ner­ship include the German Fede­ral Minis­try for Econo­mic Affairs and Energy, KfW Capi­tal, the Fraun­ho­­fer-Gesel­l­­schaft and the compa­nies ALTANA, BASF, Bayer, Boeh­rin­ger Ingel­heim, B.Braun, Robert Bosch, BÜFA, CEWE, Deut­sche Bank, Deut­sche Post DHL, Dräger, 1+1 AG, EVONIK, EWE AG, FOND OF, Haniel, Hettich, Knauf, Körber, LANXESS, media + more venture Betei­li­gungs GmbH & Co. KG, PHOENIX CONTACT, QIAGEN, RWE Gene­ra­tion SE, SAP, Schufa, Schwarz Gruppe, STIHL, Thüga, Vector Infor­ma­tik, WACKER and Wilh. Werhahn KG. www.htgf.de

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