# Bosch Rexroth and Zhejiang Hechuan Technology to form automation joint venture in China

Bosch Rexroth and Zhejiang Hechuan Technology have signed an agreement to form a joint venture for the Chinese automation market. Bosch Rexroth will also acquire a minority stake in Hechuan Technology. The joint venture will be based in Shanghai.

- Type: Acquisition
- Announced: 2023-11-02
- Where: Shanghai, China
- Status: announced
- Products: industrial automation products, AGVs
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Bosch Rexroth](https://endata.com/companies/1297.md)
- [Zhejiang Hechuan Technology](https://endata.com/companies/73477.md) (partner)

## Sources

- [der-maschinenbau.de](https://der-maschinenbau.de/allgemein/bosch-rexroth-will-automationsgeschaeft-in-china-staerken/), 2023-11-10: "Das Joint Venture wird sich zu einem starken Akteur im chinesischen Automatisierungsmarkt entwickeln."

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