Bosch Projects and Bosch Stemele have merged, to achieve the long-desired goal of a bigger and more competitive unit. The iconic name Bosch Projects will serve as the new company name.
Established in 1988 and 1972 respectively, Bosch Projects and Bosch Stemele were both majority-owned subsidiaries of Bosch Holdings, and historically. they have faced the industrial and infrastructure markets as separate companies, working in association. With the growing depth of expertise and maturity of our Client relations over the years, we have advanced to offering our Clients and partners, solutions that are increasingly complex, in particular on multi-disciplinary mega-projects. To a greater extent we are offering total solutions from feasibility to design, construction and commissioning. The Client of the day demands innovation and value for money and our business can realise this through the efficiencies of consolidation. In alignment with this. the merger of the two entities will simplify and streamline an integrated value proposition, by combining our industrial and infrastructure consulting engineering competencies.
The new Bosch Projects comprises teams of professionally qualified individuals in civil. structural. mechanical, electrical engineering, as well as architectural and project management disciplines. We are poised to take on project commitments from small to mega, offering both EPCM and EPC offerings to owners or developers of buildings, industrial plants and civil infrastructure. Our niche offering in sugar equipment remains a key differentiation, giving us reach to sugar-producing markets worldwide.
We are proud to be an African-owned player on the African continent. At the same time, we are in an exciting era of going global. The merger comes at a perfect time to reinforce our strategy aimed at generating 50% of revenue outside of South Africa by 2020. Client relationships sustain our business. And our people sustain our Client relationships. We are excited that the augmented critical mass enhances our ability to be present in a SADC region country, East Africa, and other key global locations such as South and Central America.