# ZMJ and CRCI to acquire Bosch's Starters and Generators business

Zhengzhou Coal Mining Machinery Group (ZMJ) and China Renaissance Capital Investment (CRCI) have entered into a binding agreement to acquire Robert Bosch GmbH's Starter and Generators business (SG). The transaction is expected to accelerate SG's growth in North America and China.

- Type: Acquisition
- Announced: 2017-05-02
- Where: Germany
- Status: announced
- Products: starters, generators
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Robert Bosch](https://endata.com/companies/3006.md) (partner)
- [Robert Bosch](https://endata.com/companies/3006.md) (target)
- [Zhengzhou Coal Mining Machinery](https://endata.com/companies/6905.md) (acquirer)
- [China Renaissance Capital Investment](https://endata.com/companies/17108.md) (acquirer)
- [SG Holding](https://endata.com/companies/24123.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/zmj-and-crci-to-acquire-boschs-starters-and-generators-business-300449425.html), 2017-05-02: "ZMJ and CRCI are ideal partners for our SG business."
- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/56091.html), 2017-05-09: "由受让方以支付现金方式收购出售方所持有的 Robert Bosch Starter Motors Generators Holding GmbH (SG Holding)100%股权。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
