Bosch Family Restructures Stake in Robert Bosch GmbH
Stuttgart, December 23, 2020 – The Bosch family is restructuring its stake in Robert Bosch GmbH in order to secure the family’s close ties to the company. The family is transferring its stake, which stands at about 7.4 percent, to two newly founded non-profit entities. The transfer will take place in two stages. The family will transfer approximately 5.4 percentage points to the non-profit ERBO II GmbH, founded by the family, and around 2 percentage points to the non-profit Gänsheide-Stiftung. In future, the Gänsheide-Stiftung will be run as a dependent foundation within Robert Bosch Stiftung GmbH. The family will retain a share of 0.001 percent, which carries around 7 percent of the voting rights.
Once the transfer is complete, the ownership structure of Robert Bosch GmbH will be as follows: Robert Bosch Stiftung GmbH will hold approximately 94 percent (around 2 percent thereof as the administrator of the Gänsheide-Stiftung), the non-profit ERBO II GmbH around 5.4 percent, and the company itself around 0.6 percent of shares in Robert Bosch GmbH. This arrangement allows the family to secure the Bosch Group’s effective ownership structure in the long term. At the same time, it draws to a close a transfer process that has been ongoing since 1964. This process has seen the family transfer the ownership of Robert Bosch GmbH, which at the time stood at 100 percent, almost entirely to non-profit entities.