Kgs. Lyngby, Denmark, 28 January 2015 – Across Partners ApS (Across Partners) announced today that it has successfully assisted one of its Chinese clients in relation to a minority investment into a Danish small and medium sized company. The Chinese company, Shenzhen Maxonic Automation Control Co. Ltd. (Maxonic), which is listed on the Shenzhen Stock Exchange, [...]
Chinese companies’ appetite for acquisitions abroad has increased during the last 10 years and did so as well in 2014. The value of China’s outbound investment (ODI) reached USD 102.9 billion in 2014, an increase of 14.1% and a new all-time high. The continued growth of the Chinese economy might partly be the reason for [...]
The Chinese currency has appreciated significantly during the last 12 months against several currencies such as EUR and GBP, but also significantly against the Scandinavian currencies DKK, SEK and NOK. A sustained higher CNY exchange rate will make it even more attractive for Chinese companies to go abroad and do M&A’s. The USD has over [...]
Danish clean-tech water technology company Aquaporin has announced agreements to form a water treatment Joint Venture (JV) in China with two Chinese partners, Heilongjiang Interchina Water Treatment (Interchina) and Poten Environment (Poten), and a major equity investment in Aquaporin by Interchina and Poten resulting in a 20.1 % ownership stake. The JV will have total equity of USD [...]
The Trade Council under the Danish Ministry of Foreign Affairs has launched a pilot project that aims to demostrate the positive effects of Chinese co-ownership of SMEs. Next year, three Danish companies that qualify for the program will be invited to join the project. While Across Partners and its co-advisors will help to prepare the companies [...]
The Danish audio technology company Dynaudio has been acquired by the Chinese supplier of audio components GoerTek, which has it’s headquarter in Eastern Shandong province. In an all cash deal, Goertek and its subsidiary is paying USD 50 million for 100% of Dynaudio, but GoerTek’s subsidiary will sell back 17% to the former owner and [...]
The sixth Hamburg Summit: China meets Europe will be held on October 10th and 11th. This year China's Premier, Li Keqiang, will be the main guest of honor. This year's summit will focus on increasing Chinese foreign direct investment into Europe and how the Chinese economy can continue its growth, while emphasizing better environmentally sustainable [...]
Across Partners has signed a strategic partnership agreement with Zhonghao Law Firm in Chongqing. This raises the total to three total partnership agreements signed this year between Across Partners and Chinese law firms, each covering separate areas of the mainland. The most recent agreement was signed at a ceremony in Chongqing on September 17th, 2014 [...]
Across Partners was present at the CIFIT investment conference in Xiamen, which hosted a large-scale M&A seminar focusing exclusively on Chinese outbound investment. The seminar, hosted at Xiamen International Conference & Exhibition Center, opened its doors to companies looking to invest outside China, as well as other relevant stakeholders. The seminar confirmed that Chinese outbound [...]
Across Partners will be participating at China's largest investment conference, where thousands of Chinese investors gather to scout potential investment targets. Across Partners' managing partner, Hans Halskov, has been invited to present at the 'New Energy Vehicle Technology' forum. An area that also is a Nordic stronghold. The conference also plays host to seminars focused [...]
