Bosch buys Freud
Bosch Power Tools announced this morning that it reached an agreement to acquire Freud’s accessory-business. The accessory-business of Freud makes router bits, sawblades, and other cutters.
So what does this mean to buyers of Freud products?
I talked with Vernon Sides, Freud’s national sales and marketing manager, and learned that the company will operate “business as usual,” making the same products, including power tools, in the same European factories.
The Bosch/Freud announcement can be found here