Bossard Holding AG

Bossard Group is an internationally active Swiss fastener technology and logistics company with its headquarters in Zug. Their activities include worldwide sales, technical advice and inventory management. The Group employs around 2,500 employees at 77 locations in Europe, America and Asia/Pacific and in 2018 generated a turnover of 871 million Swiss francs. Bossard Group is listed on the Swiss Stock Exchange SIX Swiss Exchange.

Bossard Holding AG
Aktiengesellschaft 
ISINCH0238627142
IndustryFastening Technology
Founded1831
Headquarters
Zug
,
Switzerland
Key people
Daniel Bossard (CEO), Thomas Schmuckli (Chairman)
Revenue786 Mio. CHF (2017)
Total assets539 Mio. CHF (2017)
Number of employees
2,300 (31. December 2017)
Websitewww.bossard.com

History

The company was founded in 1831 in Zug as a hardware store by Franz Kaspar Bossard-Kolin. The earlier silk trading business inherited from his father-in-law was dissolved at the same time. The hardware store kept its local character roughly a century before the company expanded its business activity in the 1930s and 1940s to trading fasteners. The local specialized store first developed into a regional, and from the 1950s into a national, company. From the 1960s Bossard began to set up and expand an international network of bases. In the course of expansion, the company went public on the stock market in 1987. The recession at the beginning of the 1990s and the associated worsening business trend led Bossard to a review of the entire organization. In doing so the company focused on the core competence of fastening technology and the gradual selling off of all its tools, fittings and handicraft units. Bossard is active in the field of fastening technology in Europe, America and Asia. In November 2012, the Bossard group acquired the KVT Koenig Group's range of fastening technology.[1] In April 2019,during the AGM in Zug, Switzerland, David Dean was elected to the Bossard Holding board of directors, after having worked for the company for 15 years.[2]

Field of activity

The activities of the Bossard Group include the three areas of fasteners, application engineering and customer logistics. Bossard maintains an international procurement network for screws and fasteners. The company works together with 3,200 manufacturers.

Trivia

The company has secured the naming rights to the new stadium of EV Zug for ten years from 2010. The ice hockey stadium is listed under the name of Bossard Arena.[3]

References

  1. Bossard acquires part of KVT Group http://www.zug4you.ch/cms/output.php?id=353&article_id=5742
  2. "David Dean elected to Bossard Holding Board". Fastener + Fixing Magazine. 2019-04-10. Retrieved 2019-12-16.
  3. Bossard gets stadium naming rights for CHF 2 million http://www.zug4you.ch/bossard_gets_stadium_naming_rights_for_chf_2_million.html
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