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22 OCTOBER 2014

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Wenzhou shoe set off a wave of overseas bargain-hunting

, June 18, the State Council, encourage and guide private investment in health development "specifically pointed out the need to encourage and guide private enterprises to actively participate in the international competition of the document issued shortly after the Wenzhou private capital ready showing overseas hunters The new trends. The nation's largest private manufacturing industry acquisition of Zhejiang O'Connell, the first Italian Wan Li Weide ownership in Greater China. In the the Pierre Cardin takeover battle last year. Always been piquing the interest of international O'Connell was considered a strong contender. Nike Australia,Now turns out it is aimed at the Wan Li Weide. Another .30 more than the middle of next month, Wenzhou shoes enterprises will go to Italy to participate in international cooperation and exchange will be held in the Marche region. Seeking to acquire the stake in the Italian company to old or inject. Nike Australia,The Marche Region Headquarters resident Armani, Ferre, DG. Manufacturing industry of the region enjoys a high reputation in the world. Some traditional industries, including manufacturing, including in Europe has shown a downward trend. Especially after the outbreak of the financial crisis, many traditional Italy, Spain hope to cooperate even be acquired. Provide opportunities for Chinese companies to buy the dips. "Acquisition of Wan Li Weide just O'Connell and Chinese private enterprises to access classes in Europe, seeking a prelude to the international voice O'Connell, chairman Wangzhentao said.

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