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By Alexander Huebner
STUTTGART, Germany, Jan 31 (Reuters) - The head of German car parts company Robert Bosch [ROBG.UL] said late on Thursday a renewed takeover bid for heating and appliance maker Buderus was not an urgent issue.
"The process is very complex," Bosch management board Chairman Hermann Scholl told reporters in comments embargoed until Friday.
"Buderus is a good and interesting firm for us. That does not necessarily mean we will make another takeover bid."
Bosch is the world's second-largest automotive parts maker but is also the largest manufacturer of gas-fired heating systems and water heaters in Europe.
It made a surprise announcement earlier this month that it already held 13 percent of Buderus, and industry and financial sources have said it has been talking to Buderus' main shareholder, building group Bilfinger Berger , about buying its 30 percent stake in the firm.
Bilfinger and Bosch appear to be split on price, with Bilfinger's chief financial officer saying recently he could not say no to an offer of 35 euros per share, but adding Bosch had indicated it would only be prepared to pay around 25 euros.
Buderus shares were two percent lower at 23.90 euros by 0906 GMT, underperforming the German mid-cap index .
Bosch abandoned a hostile takeover bid for Buderus a year ago after talks with shareholders failed, and Buderus Chief Executive Uwe Lueders said on Wednesday he still saw a brighter future for Buderus if it remained an independent firm.
Although Buderus is widely seen as a solid asset that would fit in well with Bosch's strategy of reducing its dependence on the cyclical automotive business, sources close to the parties involved note that none of the shareholders are in any hurry to sell and say piecing together a deal would likely take months.
Scholl said Bosch's sales rose three percent to 35 billion euros ($37.61 billion) in 2002, while operating profit remained broadly flat at 1.41 billion euros.