ChemChina sucht vor dem Börsengang von Syngenta nach Finanzmitteln von staatlich finanzierten chinesischen Unternehmen | Nasdaq

China National Chemical Corp oder ChemChina hat im Rahmen einer Umstrukturierung seines Agrargeschäfts vor dem Börsengang laut Angaben von fünf mit der Situation vertrauten Personen von staatlich finanzierten chinesischen Investoren Finanzierungsmittel in Höhe von bis zu 10 Mrd. USD beantragt. Die Reorganisation umfasst den Schweizer Giganten Syngenta.

@ Nasdaq (Englisch) | 19. Januar 2019

ChemChina seeks funding from Chinese state-backed firms ahead of Syngenta IPO | Nasdaq

China National Chemical Corp, or ChemChina, has approached Chinese state-backed investors for up to $10 billion in funding as part of a reorganisation of its agrichemicals business ahead of a public float, according to five people familiar with the situation. The reorganisation includes Swiss giant Syngenta.

@ Nasdaq (English) | December 19, 2019

Chinese companies buy traditional Swiss companies | Die Volkswirtschaft

“Takeovers by Chinese private companies are less in the public eye: Since 2002, private companies have been allowed to make cross-border takeovers. Of the 498 M&A deals by Chinese companies worldwide in 2015, three quarters were made by private companies. Between 2010 and 2017, the share of private companies in China’s gross domestic product rose from around 20 percent to 60 percent. Four fifths of all workers in China are now employed in the private sector.

In Switzerland, more than three quarters of 80 companies with Chinese owners in 2017 came from the private sector. The acquisitions include traditional companies such as the machine manufacturer Saurer, the knitting machine manufacturer Steiger, the drinking bottle manufacturer Sigg, the shoe manufacturer Bally and the design team of the facade manufacturer Schmidlin.”

Acquired company
(founding year)
Product, IndustryChinese investor
(founding year)
Year of the acquisition
Sigg Switzerland Bottles, Frauenfeld
(1908)
manufacturer of thermos bottlesHaers
(1996)
2016
Steiger, Vionnaz
(1949)
textile machineryNingbo Cixing
(1988)
2010
Designteam Schmidlin, Basel
(1936)
facade engineeringYuanda
(1993)
2008
Source: Juan Wu, University of Freiburg (2019)

Read the full article @ Die Volkszeitung:

EU: Commission clears acquisition of IXM by CMOC | Competition Policy International

The European Commission has approved, under the EU Merger Regulation, the acquisition of IXM of the Netherlands by CMOC Limited, a wholly owned subsidiary of China Molybdenum Co. Ltd (CMOC), of China.

@ Competition Policy International | July 1, 2019

R&M takes over housing manufacturer in China | Wirtschaftsraum Zürich

Reichle & De-Massari (R&M) announced the acquisition of Durack Intelligent Electric. The purchase of the Chinese specialist for housings and cabinets for modular data centers is intended to open up growth for the cabling specialist from the Zurich area.

@ Wirtschaftsraum Zürich | April 1, 2019

Chengdu Techcent Environment to acquire Viscotherm and stake in GAT-Gesellschaft für Antriebstechnik | SECA

On 11/06/18 it was stated that Chengdu Techcent Environment Co., Ltd plans to acquire a 100 per cent stake in Viscotherm AG, a Zurich, Switzerland-based decanter drive manufacturer, and a 75 per cent stake in GAT-Gesellschaft für Antriebstechnik GmbH, an Alsdorf, Germany-based rotary joint and other metal products manufacturer from ABG Holding AG. The total consideration is EUR 53 million, which may be founded through cash or assets. On completion, ABG Holding will cease to be shareholder of the companies. Chengdu does not own a stake in the companies prior to the transaction.

@ SECA | August, 2019