· Fangyuan Capital plans to acquire a turbocharged system business jointly invested by Bosch and MAHLE

The Bosch Group and the MAHLE Group plan to sell its joint venture Bosch MAHLE Turbocharging System (BMTS), which is a private equity firm, Fangyuan Capital, whose partners include world-renowned institutional investors. Fangyuan Capital plans to acquire all of Bosch Mahler's business, and approximately 1,300 employees in all regions (as of August 2017) will be transferred to the new company.
Bosch, MAHLE and Fangyuan Capital signed the acquisition agreement on September 6, 2017. The three parties will not disclose the purchase price and related details. The acquisition plan is still subject to review by antitrust and other relevant departments.
Fangyuan Capital plans to further expand its turbocharged business and bring sustainable growth to Bosch Mahler. “Turbocharger technology is one of the important solutions to help reduce emissions. We believe that the turbocharged market will continue to grow in the next few years. With strong R&D foundation and advanced production technology, Boschma Leben will benefit from this market trend. As part of the overall investment plan, we will continue to invest in Bosch Mahler to ensure that the company can achieve lasting success and occupy a strong market position.” Fang Yuan Capital President and co-founder Mr. Tang Kui said.
Further investment is needed In recent years, the development trend of miniaturization of engines (especially hybrids) using exhaust gas turbocharging technology is still evident, and the international market for turbochargers is expected to continue to grow in the next few years. Such market trends have helped Bosch Mahler profit from it. However, as far as the company's current scale is concerned, it is not enough to achieve lasting success in such a market environment. For this reason, in order to achieve the scale of meeting the market demand, Bosch Mahler needs further investment, and neither side of the joint venture intends to do so, and announced the sale plan in early 2017.
“We are very pleased to find the acquisition of Fangyuan Capital. They have sufficient funds and have a long-term vision. They have successful investment experience in the automotive industry and believe that they can bring further business expansion to Bosch Mahler and help them in the market. Long-term standing,” said Wolf-Henning Scheider, Chairman and CEO of Mahler Group Management.
“Fangyuan Capital will also open up important prospects and growth opportunities for Bosch Mahler in attractive markets such as China and North America,” added Dr. Rolf Bulander, Chairman of Bosch Automotive and Intelligent Transportation Technology.
Bosch MAHLE Turbo Systems is a joint venture company established in 2008 to develop and produce turbochargers for global passenger and commercial vehicle manufacturers. Currently in Stuttgart and Bleischach, Austria, St. Cher and Shanghai, China have approximately 1,300 employees. Bosch Mahler's products are known for their technical advantages and excellent quality, and many of the company's customers come from well-known companies in the automotive industry.

Metal Sheet Straightener machines is used to level an uneven metal sheet, and the extrusion effect of a thin thickness of the strip or plate is achieved through the upper and lower rollers, so as to achieve a smooth effect. It is also called a leveler. The general leveler is mainly up 9 and down 10 pieces. And before and after the transfer roller. The upper part has a handle for fine adjustment of the leveling thickness accuracy.