Wednesday, June 1, 2016

Federal government wants Kuka not leave Chinese – tagesschau.de

With the robot manufacturer Kuka another producer German technology could be taken over by the Chinese – an offer exists. But the economy minister would be European investors seem to prefer – and he is now looking even after prospects.

The federal government wants to prevent takeover of robots Kuka by the Chinese Midea Group apparently. As Federal Minister Sigmar Gabriel said his company is developing an alternative offer to the Chinese offer. “Whether it comes to that, we’ll see,” he added.

Even Chancellor Angela Merkel was informed of the attempts. Deputy government spokeswoman Christiane Wirtz pointed out however that in the end it was a business decision as to whether the Kuka shareholders allow a takeover by the Chinese or greater participation.



command of Chinese “very high”

industry experts do not expect that there will be a serious supplier from Germany or Europe in addition to the Chinese: the price offered by Midea price was too high, as that European buyers could find here, it was said by bankers who advise such acquisitions.

the “Süddeutsche Zeitung” reported Gabriel had German carmaker, which belong to the Kuka customers addressed and also Siemens responded to an interest in a possible counteroffer. The Group According to insiders, but not interested

Daimler CEO Dieter Zetsche considers the possible takeover by the Chinese no danger. From his personal point of view you have been with companies and suppliers with seen Chinese shareholders in Germany and Europe no negative developments in their attitude towards the auto industry, said Zetsche.

Kuka offers future key technology

Kukas technology is a flagship German robotics: It plays an important role in the “industry 4.0″, the digitization and networking of production processes. Especially developed by the company software for communication between man and machine is regarded as future key technology.

The air conditioning and home appliance maker Midea had last week an offer of up to 4, announces 5 billion euros for Kuka – that would be the biggest takeover, the Chinese have in this country ever tackled. The Group already holds 13.5 percent in Kuka and goes for a minimum of 30 percent.



German companies in China asked

German companies in the engineering, automotive engineering or Autobmobilbau are in demand among Chinese investors. In recent months, some mega deals were staged: Just bought China’s largest chemical company ChemChina the leading European manufacturer of special machines KraussMaffei in Munich, the Chinese Shanghai Electric Group invested in the Swabian engineering firm Manz

The German government fears manifest that could lose its technological lead over China through acquisitions like this Germany. Economic experts but also see it as an opportunity, especially for troubled company: With a takeover opened in China entirely new distribution channels and marketing opportunities

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