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New news item - Bosch to buy Freud

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Blog entry by Karson posted 2017 days ago 1528 reads 0 times favorited 8 comments Add to Favorites Watch

Bosch acquires power tool accessories business of Freud

Bosch is to acquire the power tool accessories business of the Freud Group, headquartered in Milan, Italy. With this acquisition, Bosch is adding to its existing range of power tool accessories, especially high performance circular-saw blades and router bits. The acquisition is subject to approval by the authorities. The companies have agreed not to disclose the purchase price.

The Freud Group is a global supplier of circular-saw blades, router bits, and cutters for enthusiast woodworkers, professional and industrial users. These products are mainly manufactured in four locations around the city of Udine in north eastern Italy. In this area of activity, the company employs some 580 associates worldwide, and generated sales of 100 million euros in 2007.

-- I've been blessed with a father who liked to tinker in wood, and a wife who lets me tinker in wood. Southern Delaware karson_morrison@bigfoot.com †



8 comments so far

View Douglas Bordner's profile

Douglas Bordner

3960 posts in 2661 days


#1 posted 2017 days ago

Not sure how I feel about this. I have always had good luck with Freud bits and blades. I like my Bosch ROS, and have long lusted after a Colt laminate trimmer. But I have gotten Bosch bits at Lowes that have lost coating and had brazing go south in a single use (the spiral straights were quite good though). Hopefully the acquisition will leaven the offerings of both brands. I mean, these giant corporate entities have our interests at heart, right? ;^}

-- "Bordnerizing" perfectly good lumber for over a decade.

View dennis mitchell's profile

dennis mitchell

3994 posts in 2911 days


#2 posted 2017 days ago

Yep and everyone knows the bigger the better. Whats good for wall street is good for main street. You can trust these guys…

View Douglas Bordner's profile

Douglas Bordner

3960 posts in 2661 days


#3 posted 2016 days ago

All this altruism – how do they make any money? ROTFLMAO

Do you think the purveyors of sub-prime mortgages and the auto industry have screwed the pooch (sorry, I could be more delicate in my choice of words, but it wouldn’t do justice to the concept of how bad things are) for big business in the hearts of most of us.

-- "Bordnerizing" perfectly good lumber for over a decade.

View Bob #2's profile

Bob #2

3808 posts in 2619 days


#4 posted 2016 days ago

The entire concept of a day’s work for a day’s pay has evaded the “suits” for decades now.

There is no doubt in my mind that the corporations are on a downward slide to reality and that they will hurt a lot of folks on the way down.

What that means in this case, is that no matter who buys who, if the intent is not to make a better mousetrap but simply to reduce operating costs then we should expect less rather than more from these mergers.

Bob

-- A mind, like a home, is furnished by its owner

View cabinetmaster's profile

cabinetmaster

10874 posts in 2155 days


#5 posted 2016 days ago

I myself have mixed feelings on this. I like both brands and use them both but I wonder what will happen to the quality. Seems that every time someone buys out another company the quality goes down and the price goes up. Am I right?

-- Jerry--A man can never have enough tools or clamps

View Bob #2's profile

Bob #2

3808 posts in 2619 days


#6 posted 2016 days ago

When the corps’ consolidate they clean out the senior management that draw the highest wages and benefits and keep the younger less experienced people in order to “trim” the ship.
Usually the remaining staf have more work than they can handle and either quit or become less efficient under the extra load.

The rest is what you are seeing as the consumer.

Bob

-- A mind, like a home, is furnished by its owner

View jm82435's profile

jm82435

1228 posts in 2339 days


#7 posted 2016 days ago

Growing up my Dad had a rental yard and only had the toughest tools (including Bosch drills, hammer drills and breakers). They aren’t built as tough as they used to be – but what is? I had my Bosch router (1613EVS) for about a day when I tripped over the cord, pulling it off the bench – cracking the housing and busting the VS dial off. :-(

-- A thing of beauty is a joy forever...

View kiwi1969's profile

kiwi1969

609 posts in 2039 days


#8 posted 2016 days ago

I thought makita owned bosch anyway?

-- if the hand is not working it is not a pure hand

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