Chinese appetite – Emerging market players are buying into the European auto supplier industry
Strategic investors from China are looking specifically for Western companies that can help them improve their own technological competitiveness. These are the findings of the study "Chinese appetite – Emerging market players are buying into the European auto supplier industry".
Although some 350 car suppliers worldwide filed for bankruptcy during the car industry crisis of 2008 and 2009, the industry has seen little consolidation. The market is now shifting into higher gear mainly thanks to Chinese investors, who are no longer interested only in buying hard-hit companies cheaply.