China Fine Wire Drawing Machine Outbound Mergers and Acquisitions Activity Inside the Manufacturing Sector Raised Intended Out of Domestic Enterprises to Give Full Consideration Within the Initial Half of This Year

Under the European debt crisis continues to impact overseas Fine Wire Drawing Machine

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manufacturing giant money flow troubles as a consequence of a sharp decline in demand within the domestic industry, operating final results dropped substantially, some domestic enterprises have aimed at the time for you to be adopted overseas acquisitions make up their very own technical weaknesses. In line with ChinaVenture investment group statistics, beginning of 2012 has 3 manufacturing businesses huge outbound merger and acquisition bargains completed, four deals in progress, 3 deal, to be officially launched in current acquisitions.

From has completed trading see, Sichuan auto dealer Bochum spent 195 million Yuan accomplishment purchased international maximum

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components casting giant Canada Wescast all equity, acquisition Hou, Bochum will makes use of Wescast in international top of research strength to along foot itself quick Board, combines Bochum components manufacturing capacity is anticipated to quickly accomplished technologies level upgrade, became following Geely acquisition Volvo, and Lenovo acquisition IBM Hou my enterprises exit merger of plus a classic case.

Meanwhile, China's wind power and machine tool firms inside the respective field of outbound acquisitions. Not too long ago, mingyang indicated its intention in September-October this year, China announced the acquisition of giant leads the globe in wind power for a lot of years Denmark Vestas company, transaction value of about 152 billion euros. Based on publicly out there data show that Denmark Vestas firm pre-tax loss of 225 million euros for the first quarter of 2012, mingyang wind energy this year, first-quarter net loss of $ 18 million. Domestic wind turbine business overcapacity, falling item prices, sector bottlenecks for the development...