
Project Europe: China targets high-end manufacturing

Chinese strategic investors are bidding up manufacturing assets in Europe. There is room for PE players to participate, but they will generate value by identifying high-tech targets early in the value chain
Weichai Group, a Chinese automotive equipment manufacturer owned by Shandong Heavy Industry, has been busy shopping around Europe. In the past 12 months, the state-owned enterprise (SOE) has acquired Italian...
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