Industry: Manufacturing Region: Germany Transaction price: $1 million Transaction method: equity investment
Project Introduction:
The company is Europe's leading manufacturer of wearable ergonomic devices designed to support the lower extremities and back.
The company has developed a powered exoskeleton specifically designed to address health problems caused by excessive standing in places such as manufacturing plants. By passively supporting the body, the powered exoskeleton redirects most of the weight supported by the feet, thus reducing the pressure on the back. The company has designed a wearable ergonomic mechanical device that has been tested and approved by several leading automobile and aircraft manufacturers.
The company's power exoskeleton products have been used by well-known enterprises in the following industries:
· Automobiles: including porsche, Audi, Mercedes, BMW and other well-known automobile manufacturers;
· Chemicals and pharmaceuticals: including Siemens Medical, Roche, Bayer and other large enterprises;
· Aerospace: including Airbus, Boeing, Lufthansa and other well-known enterprises.
Investment Intention:
The company is looking for investors in China willing to sell up to 70 per cent of its shares, and later hopes to set up joint ventures in China.