Stadler Rail turns down Chinese bid

02-stadlerChinese investors have intended to acquire Stadler Rail. The company’s CEO Peter Spuhler refused, arguing that his company is not for sale. “I’m too Swiss … If the Chinese want to break our markets, they need a base here to control the national approval procedures,” Peter Spuhler said in an interview for the “Schweiz am Sonntag”.
For China, a breakthrough in Europe in the rail vehicle sector could be interesting, because there are only a dozen of European manufacturers. Overall, Switzerland is very popular with Chinese investors.


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