Redcliffe Partners has advised a Chinese consortium consisting of Zhengzhou Coal Mining Machinery (Group) Co., Ltd and China Renaissance Capital Investment Inc. in their successful application for merger clearance from the Ukrainian competition authority for the EUR 545 million acquisition of Robert Bosch GmbH`s Starter Motors and Generators business.
According to Redcliffe Partners, "Robert Bosch Starter Motors Generators Holding GmbH, a subsidiary of Robert Bosch GmbH, is a world-wide leader in the field of automotive energy supply with a product portfolio that includes high-efficiency generators and starter motors for petrol and diesel engines as well as the economical and CO2-reducing start-stop and hybrid systems. SG has 16 locations in 14 countries, including Germany, China, Brazil, Hungary, India, Mexico, South Africa, Spain, and the United States."
Redcliffe Partners describes Zhengzhou Coal Mining Machinery as "a global leading manufacturer of coal mining machinery and auto components ... listed on both the Shanghai and Hong Kong Stock Exchange," and reports that the company "has 22 wholly-owned subsidiaries, stock-holding subsidiaries and joint-stock companies all over the world covering equipment manufacture, financing, service and trade & commerce." According to the firm, "CRCI is a leading alternative investment management firm that focuses on investment opportunities across a broad range of industries in Greater China with over USD 2 billion of total assets under management."
Redcliffe’s team consisted of Counsel Anastasia Usova, Associate Yulia Eismont, and Junior Associate Kateryna Chumak.
