Chinese takeover brings no challenge but growth, says German company EEW
BERLIN, March 14 (Xinhua) -- After being taken over by a Chinese state-owned company, Germany's EEW Energy From Waste is on a steady growth track, instead of holding doubts at the beginning.
With a history of over 140 years, EEW was taken over by China's state-owned Beijing Enterprises for 1.4 billion euros (1.6 billion U.S. dollars) in 2016. It was the largest Chinese acquisition of a German company at that time.