German mid-sized firms are buying up Spanish companies | Made in Germany

German mid-sized firms are buying up Spanish companies | Made in Germany

With Spain still gripped by recession, many companies are going under or finding themselves unable to raise fresh capital. As a result they can now be acquired cheaply. Mid-sized German firms are taking advantage of the crisis to snap up smaller Spanish competitors and suppliers. The mid-sized Lauda Company, based in Baden-Württemberg, did just that, buying a factory near Barcelona. Report by Anja Kimmig.


User: DW (English)

Views: 1

Uploaded: 2012-11-14

Duration: 04:55

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