Foreign M&A in the first half of the manufacturing industry is active

Under the continuous influence of the European debt crisis, the performance of foreign manufacturing giants has fallen sharply, and some domestic companies have taken the opportunity to start overseas acquisitions. According to statistics from China Venture's China Investment Group, overseas M&As were active in the domestic manufacturing industry in the first half of the year. Since the beginning of 2012, three manufacturing companies have completed large-scale outbound M&A transactions. Four deals are in progress, and three transactions are scheduled to be officially launched recently. .

Judging from the completed transactions, Bochum, Sichuan's car dealership, spent a total of 195 million yuan to successfully acquire the entire equity interest in Wescast, the world's largest auto parts foundry giant. The outbound M&A of construction machinery companies was even more active. On July 6, Xugong Machinery succeeded in taking control of German concrete giant Schweinging. However, insiders pointed out that overseas mergers and acquisitions are not worth blindly admiring. “Behind the repeated stages of the company's 'snaking elephants', Chinese companies also experienced a period of relatively difficult cultural and technological integration after the acquisition.”