Bosch says owns more than half of Swiss sia AbrasivesThe German manufacturer Bosch owns more than half of the Swiss group sia Abrasives abrasives Sharp, hard materials used to wear away the surface of softer, less resistant materials. Abrasives are indispensable to the manufacture of the highly precise components and ultrasmooth surfaces required in the manufacture of automobiles, airplanes and space 10 days after announcing a public offer that could be worth more than 200 million euros (270 million dollars), Bosch said on Friday. A Bosch subsidiary as of Wednesday owned 52.07 percent of sia Abrasives, whose management accepted Bosch's offer, a statement said. The Swiss group's main shareholder Giorgio Behr has also agreed to sell a 40 percent stake, it added. Bosch would have to spend around 220 million euros to acquire all of the abrasive abrasive, material used to grind, smooth, cut, or polish another substance. Natural abrasives include sand, pumice, corundum, and ground quartz. Carborundum (silicon carbide) and alumina (aluminum oxide) are important synthetically produced abrasives. products specialist. The German group seeks to expand its operations and reduce its dependence on the sale of auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
A temporary fall in performance, often describing consistently falling security prices for several weeks or months. in the auto sector. Bosch, which also manufactures power tools and household appliances, has announced several other acquisitions in recent months. 
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