Robert Bosch Tool Corporation and Simpson Strong-Tie Form Strategic Alliance
Robert Bosch Tool Corporation, the world’s leading manufacturer of professional power tools and accessories, and Simpson Strong-Tie Company Inc., Pleasanton, Calif., a leading provider of concrete, masonry and anchor repair solutions, signed an agreement to form a strategic alliance that will allow the companies to jointly pursue sales, marketing and product development opportunities in the concrete construction market.
The new sales combination gives the companies’ distribution partners and customers’ access to the broadest commercial and residential product portfolio in the concrete construction industry. The strategic alliance will give distributors the opportunity to compete effectively and take market share from direct sellers.
“This strategic alliance will leverage both companies’ engineering strengths, manufacturing practices and sales expertise to deliver anchoring and fastening solutions that meet building code requirements and improve productivity for installers,” said Terry Horan, president and CEO, Robert Bosch Tool Corporation, North America.
The alliance seeks to bring to market a complete Bosch/Simpson Strong-Tie installation system, including adhesive and mechanical anchors, as well as demolition and rotary hammers and accessories, and to improve efficiency and productivity for customers.