Gorgeous "out": the $2 billion 100 million acquisition of U.S. Damon Weifang

With the acceleration of the internationalization process, many domestic strength enterprises are striding towards the international stage, and at the same time, China is constantly absorbing the powerful resources of the world to enrich the domestic industry market.

According to the "Shandong news network" reported yesterday, Weichai Power subsidiary -- Germany Kion group announced the acquisition of the United States Tektronix dema all the shares, the transaction price will be paid in cash, the total transaction price of about $2 billion 100 million, after the completion of the transaction will get all of the shares of Kion de Martek and its global subsidiaries.

Shandong enterprises "going out" news, yesterday, the German subsidiary Weichai Kion group announced the acquisition of the United States Dema Taco all the shares for $2 billion 100 million, Weichai Power globalization layout a step forward.

To thoroughly implement the provincial government "going out" strategy, to create an international brand, December 2012, Weichai Power strategic restructuring the world's leading industrial forklift manufacturers - Germany Kion group. In a short half a year, Kai Ao group has successfully launched the transaction on the Frankfurt stock exchange in Germany. At present, Kai Ao has made a good progress in its performance and has maintained a relatively high profit growth.

The acquisition of the layout of the overall strategic objectives and global strategic fit of Weichai Power, extension of the North American market in the world especially in the business layout, to become a group of Weichai Power equipment manufacturing industry, enterprises only a strategic business global coverage.

The acquisition of Dema Taco of the United States, is one of the world's leading automated material treatment system and logistics solutions provider, through the merger, Kion will become the world's only complete solution for high-end material treatment providers, as well as Weichai Power in industrial automation and digital field to create the leading advantage.