Old world, smart money

1
2265
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

A wider field of investment interest and a deeper understanding of place denotes the new Chinese presence in Western Europe, writes George W Russell

Chinese investment has a new face. Often seen as hardheaded managers and rapacious consumers of natural resources, prone to sending Chinese labourers en masse, mainland companies seeking mergers and acquisition targets have diversified into a wider range of industries, and in many cases have adopted a less confrontational approach.

When one Chinese company took over a medium-sized industrial machinery manufacturer in northern Italy recently, it sent in a small team of key managers and engineers who spent time watching and listening to the Italian management and employees. A priority was to extensively sample the local cuisine, to the delight of locals.

Lawyers say they are seeing more of such behaviour as Chinese acquirers take a deeper look into target countries in Western Europe. “We are definitely seeing a very sharply increasing interest in investments into Italy from Chinese companies,” notes Hermes Pazzaglini, a partner who runs the Shanghai office of NCTM Studio Legale Associato, a Milan-based law firm.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link