TwinL will be present at ThinkAsia’s annual congress in Paris on October 28th (http://www.thinkasiathinkhk.com) with multiple meetings with M&A executives and advisors from Mainland China and Hong Kong, a city that often acts as a gateway for Chinese investments in Europe.
Under the 12th Chinese Five-Year Plan, companies in mainland China are indeed encouraged to develop by seeking opportunities for international investment and partnerships «outside»: acquisition, capital investments, joint venture, all forms are possible in many sectors of activity: technology, intellectual property, brands and consumer distribution networks, finance, logistics, etc.
In this context, China has become the world’s third-largest investor, with foreign direct investment (FDI) reaching $101 billion in 2013.
The DRI-DATAGREX set has achieved in 10 years a great breakthrough in the professional market and has a solid technical base and customer portfolio. With this very positive balance sheet, its founder and CEO wanted to back the company to a more powerful Group to amplify and accelerate its development: after active research, it is the offer of PENTASONIC that was selected for its quality, its very complementary profile and the ambitions of its manager, all in line with the objectives of the transferor.
Hong Kong has thus found itself at the forefront of facilitating and managing foreign investment initiatives by companies on the continent.
About 60% of Chinese FDI is directed or transiting through, Hong Kong.
The TwinL team is therefore more than ever investing in the development of its cross-border operations at a time when China is opening up a little more internationally every day.