Bosch plant in Miskolc to end up in Chinese hands
The Bosch plant in Miskolc will be bought by a Chinese automotive supplier as part of an acquisition concerning the German group’s starter motor and generator division.
As a result of the acquisition, the Chinese buyers will put their hands on 16 Bosch sites spread out in a total of 14 countries.
A consortium comprising ZMJ (Zhengzhou Coal Mining Machinery Group Co., Ltd., Zhengzhou, China) and CRCI (China Renaissance Capital Investment, Hong Kong, China), companies engaged in the production of starter motors and generators and engine components for passenger cars and commercial vehicles, is expected to buy the Bosch Group’s relevant businesses, including the manufacturing site in Miskolc, Hungary, boon.hu reported earlier today.
