BSH Hausgeräte GmbH
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BSH Hausgeräte GmbH is the largest manufacturer of home appliances in Europe and one of the leading companies in the sector worldwide. The group stemmed from a joint venture set up in May 1967 between Robert Bosch GmbH and Siemens AG, and it posted annual sales of 13.9 billion euros in the year 2020. Today, BSH operates some 40 factories in Europe, the USA, Latin America and Asia. Together with a global network of sales, production, and service companies, the BSH conglomerate today is made up of about 80 companies in 50 countries, with a total workforce of about 60,000 people. In September 2014, Robert Bosch GmbH agreed to purchase Siemens' 50% stake in the joint venture for 3 billion euros. The BSH product range includes large home appliances for cooking, dish-washing, laundry, refrigeration and freezing, as well as a multitude of small appliances, such as fully automatic espresso machines, floor care and hot water appliances.