Investment profile |
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| We could imagine an investment in the following companies:
– Machine tools (possibly trade as well); in the productive area, if possible end products or subsystems should be manufactured. – Companies with succession problems – Companies with earnings problems; clear savings potential must be recognizable – Exclusion criteria: • Products in mature industries and markets without “added value” |
• Products, for which production is possible cost-effectively worldwide, and transport costs are relatively low • Products that do not have any brand value (customer does not pay a premium) • Products serve mass markets and are subject to extremely short life-cycles (e.g. computers) • For producing companies: Trading power is greater than manufacturing power • Products that are not competitive in export • IT, B-to-C, retail, fashion
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