Partnerships
Namchow’s success is based on diversity, constant improvement and win-win partnerships. Namchow’s evolution from a premier local manufacturing and distribution partner for international consumer groups to a leading retail brand in restaurants (including Paulaner Brähaus), edible oils and bakeries has been the result of Namchow’s evolving strategy over six decades.
Michael discusses best practices to conduct due diligence in Merger and Acquisition (M&A) transactions in Greater China. Unlike in the west, China due diligence is not verifying documents on a checklist. The key is to verify information in the context of a changing society. If one does not understand that society’s past, present and future, the mechanical exercise could create significant operational issues. The due diligence process does not end at the closing.
Serious about renewable energy, new Chinese government incentives have sent manufacturers scrambling to grab market share, and foreign expertise, technology and know-how are welcome. Husayn Anwar discusses the importance of two critical factors to develop strong and successful partnerships in the renewable energy industry in China: conducting extensive due diligence on potential partners, local governments and the industry as a whole, and bringing value-added to these partnerships.