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august 02, 2019 - Bosch

Bosch eBike Systems and MAGURA in joint venture for service business

Bosch eBike Systems and MAGURA announced closer cooperation in service and replacement parts distribution today. Bosch eBike Systems is taking a 50% stake in MAGURA Bike Parts, a subsidiary of MAGURA. The new joint venture will operate in future under the name MAGURA Bosch Parts & Services GmbH & Co. KG. The merger is subject to the approval of the relevant antitrust authorities. Both parties have agreed not to disclose financial details.