Sale of SEG Automotive to Zhengzhou Coal Mining Machinery Group and China Renaissance Capital Investment.

Sale of SEG Automotive, the Germany-based starter motor and generator division of The Bosch Group, to Zhengzhou Coal Mining Machinery Group and China Renaissance Capital Investment. “We have achieved our goal and found a purchaser offering a viable industrial concept and a long-term perspective for successfully taking this business forward internationally, and thus for associates,” says Dr. Rolf Bulander, chairman of the Mobility Solutions business sector and member of the management board of Robert Bosch GmbH. Commenting on the sale, he says: “I am confident that, in this new constellation, the division can seize its opportunities for a positive future.”