Dry equipment industry reorganization of popular resources
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For the choice of the target drying equipment companies, it is a short-cut for China's drying equipment companies to acquire some foreign two or three-stream drying equipment companies.
In fact, this kind of "snakes snakes" argument has been adopted by many domestic drying equipment companies that try water transnational operations, and they tend to buy those smaller drying equipment companies. At present, foreign drying equipment enterprises with a turnover of 200 million euros and M&A sums under 40 to 40 million euros are more suitable for M&A of drying equipment companies in China. Of course, this is mainly determined by the different conditions of the drying equipment companies.
It is understood that there are 30,000 to 60,000 dry equipment companies in foreign countries going bankrupt each year, which just gives foreign dry equipment companies opportunities. One of the businesses of many foreign law firms is to provide these drying equipment companies worldwide with buyers.
Frequent mergers and acquisitions by drying equipment companies in the country once worried many foreigners, but this did not prevent foreign countries from continuing to open their arms to welcome Chinese investors. Investment promotion conferences in various regions have come and gone.
A drying equipment industry expert stated that lower prices are by no means the only considerations for acquisitions. Obtaining high and new technologies to achieve the complementary advantages of technologies, products, and markets is the most important.