Monday, September 27, 2010

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The time is ripe for takeovers

Ritter Sport spent a few days ago in chocri and now owns a third of the company.
Knights sports shops in a time when innovative ideas are to have relatively cheap. "It is a very opportune time for the acquisition of companies," said Christopher Kummer, president of the Institute of Mergers & acquisitions ("mergers and acquisitions) at Webster University in Vienna.

The supermarket chain Tengelmann took advantage of the favorable conditions in late August and bought a case of online merchants like the shoe store or Zalando Brands for Friends. Some 100 million euros, the company issued it. Even foreign companies are interested in these weeks good idea for the import: Last Thursday told the American mobile phone manufacturer Motorola to buy the Munich-based start-ups Aloqa, informs the mobile phone users about news, events and concerts in their area.

These are only the best known examples. Christopher Kummer expected that this year 150 German firms and those are taken with German participation in the consumer goods.

Also see WORLD ONLINE: The time is ripe for takeovers

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