RACINE, WI--Bosch Automation Technology and the Mannesmann Rexroth Group have merged.

The new company, which will be called Bosch Rexroth Corp., will have a worldwide workforce of 26,000 and combined sales of $776 million in North America and $3.4 billion globally. The new company will consist of six divisions: Industrial Hydraulics, Pneumatics, Mobile Hydraulics, Electric Drives and Controls, Assembly and Linear Technology, and Service Automation Technology.