Three years later: Germany prevents acqu • Table.Briefings

The German government has prohibited the takeover of a German manufacturer of respiratory equipment by the Beijing-based company Aeonmed. The problem: The merger has already been completed and filled with life for the past three years. The Chinese side has already invested heavily and pushed new projects.

The German government has retroactively barred an acquisition that had already been closed: Beijing-based Aeonmed Medical was not allowed to buy Heyer Medical. „This acquisition is prohibited for reasons of public order and safety,“ a spokesman for the German Federal Ministry of Economics and Climate Protection (BMWK) told China.Table. The reason: Heyer Medical manufactures respiratory equipment. „During the COVID-19 pandemic, it became apparent that Germany needs to maintain its own manufacturing and production capacities to be able to supply itself with ventilators independently of non-European manufacturers,“ the ministry said.

Three years later: Germany prevents acquisition of Heyer Medical

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