Fiskars acquires Bosch watering brands

Finland-based Fiskars Corp., with a local Madison office, will acquire the Bosch Garden and Watering business from the Robert Bosch Tool Corp., including the brands Gilmour and Nelson, for $30 million. The acquisition includes all related assets and leases, and manufacturing operations in Missouri and China. The watering business has about 440 employees, with 270 in the U.S. It will immediately become a part of Fiskars Americas.

A late-2014 deal is anticipated, pending approval by the U.S. government.