German machinery motor manufacturers vigilance Chinese competition
In recent years, more and more China enterprises come to buy the German company. German machinery and electrical equipment manufacturing industry association that, in 2014, the global electric machinery manufacturing industry turnover growth of 5%. China also play an important role. German machinery efficient motor manufacturers vigilance Chinese competition.
German machinery and electrical equipment manufacturing industry association that, in 2014, the global mechanical efficiency motor manufacturing industry turnover growth of 5%. China also play an important role. Because only China mechanical motor manufacturing industry will have 7% growth estimate. Feist G think, in spite of this, German companies in China acquisitions will just individual case. Feist G said, the China Company is usually more staff, but the lack of new technology, so that investors are not interested. There are currently about 200 German machine manufacturers in the Chinese owned production, sales and customer service Service Corporation is 3 times the number. Therefore, Germany in the Chinese investment more than Chinese investment in germany.
In recent years, more and more China enterprises come to buy the German company. For example, XCMG acquisition German concrete pump manufacturer Shi Weiying (Schwing), Sany concrete machinery manufacturers Putzmeister (Putzmeister). Hebei Lingyun Industrial Group took over the auto parts maker Kiekert. Feist G care-laden to this trend of development. He said: "Chinese with a lot of money to buy the German company, I am very worried." Those who leave no successor of family business or economic plight could become a takeover target. But Feist G does not think there will be a large-scale acquisitions.