Our offshoring experts in Europe and our on-the-ground teams in Asia are working with more than 50 of our European portfolio companies to help them develop their market presence in India and China.

The companies we partner benefit from our Asian expertise in a range of ways:

• For German precision-grinding machine manufacturer Wendt, our contribution to their development in China has been a key element of our support.  When we acquired the company, in 2004, it already had a long-established track record in offshore production through a joint-venture in India.  We helped the business to open offices in Shanghai and Beijing and have since helped guide the strategy, as well as introducing a number of contacts, with a view to establishing a manufacturing capability in China.  This will enable Wendt to better serve the Chinese automotive market, with its super abrasive grinding tools, from a domestic production base.

• Danish company Damcos is a leading provider of hydraulic equipment and integrated tank measurement systems for the marine industry.  One of its strategic priorities has been expanding its activities in the Chinese market.  Our Shanghai and Hong Kong offices worked with Damcos as it established a manufacturing capability in JinQiao Export Processing Zone, 20km from downtown Shanghai, at the mouth of the Yantze River.  JinQiao is the first comprehensive and multi-functional export processing zone in China.

• Based in France, Dirickx is a leading manufacturer of security fences.  Starting with a representative sales office in Beijing in 2002, Dirickx has now grown its Chinese operations to include an 8,800m² manufacturing facility in Huairou, which employs 130 people.  We have helped the company to develop its contacts with central and local government, and these have helped it to pursue and win a number of contracts to supply large infrastructure projects, including the 2008 Olympics.