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Bosch Closes the Acquisition of Measuring Tool Business From Stanley.
Extends Global Position in Measuring Technology
-- CST/berger is largest supplier of leveling and surveying equipment in the United States
-- Company employs approximately 350 associates in the United States, Germany and Italy
-- Expands Bosch's worldwide product portfolio of Power Tools division
CHICAGO, July 25 /PRNewswire/ -- Bosch has completed its previously announced acquisition of CST/berger from The Stanley Works. The acquisition, which was announced to investors on June 11, 2008, paves the way for Bosch to strengthen its presence in the rapidly growing global measuring technology market. Located in West Lafayette, Ind., CST/berger is a leading manufacturer of laser, optical leveling and alignment technologies for professional users and do-it-yourself (DIY) customers.
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