Showing posts with label Chinese investors. Show all posts
Showing posts with label Chinese investors. Show all posts

Monday, January 11, 2016

Business Chinese Investors buy German Machinery Suppliers firm for $1bn

A group of Chinese investors have bought one of Germany's largest machinery suppliers, KraussMaffei, for €925m ($1bn; £694m).

 
The investors include state-owned firm China National Chemical Corp (ChemChina) and investment firms AGIC Capital and Guoxin International.
KraussMaffei, which makes machinery for processing plastic and rubber, was owned by Canadian firm Onex Group.

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