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Friday
Jan132012

Techcomp (1298 HK) M&A opportunities ahead 

DateFriday, January 13, 2012 at 5:15PM
To summarize…
- The analytical and laboratory instruments market in China is expected to become a US$3.5b market by 2014 (09-14 CAGR 8.3%)
- The market may potentially grow at a greater pace given China's increasing focus on food health and safety quality, improvements in the manufacturing
quality control and environmental regulations
- Techcomp is a leading company in this segment since establishing in 1991. It has been growing at a 20% CAGR from 2002 and 2010 and is now exploring
ways to accelerate this growth going forward
- Company already has a footprint in the European market and is looking at opportunities for further strategic acquisitions in the US (to establish footprint)
or Europe (to strengthen presence)

Techcomp (1298 HK) M&A opportunities ahead

AuthorVAYUE.com Team | CommentPost a Comment | | | Print ArticlePrint Article
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