Independent journal on economy and transport policy
07:11 GMT+1
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Chinese CIMC yields 40% of the German Albert Ziegler to China Fire Safety Enterprise Group
The value of the transaction is of about 63 million dollars
July 13, 2015
The Chinese group Lowers International Marine Containers (CIMC), world leader of the field of the container production intermodal, has yielded to China Fire Safety Enterprise Group Ltd. (CFE) 40% of the capital of the German Albert Ziegler, manufacturer of fire engines that CIMC have at the end acquired of 2013 ( on 12 November 2013).
In exchange for quota CIMC has acquired 1,2 billion actions of new issue of the same CFE, pairs to about 30% of the capital stock after the emission, for a total of 489 million dollars of Hong Kong (USA 63 million dollars). CFE, that it has center to the Islands Cayman, is quoted to the Stock exchange of Hong Kong, has about 5.000 dependent and produces systems antifire.
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The Chinese group Lowers International Marine Containers (CIMC), world leader of the field of the container production intermodal, has yielded to China Fire Safety Enterprise Group Ltd. (CFE) 40% of the capital of the German Albert Ziegler, manufacturer of fire engines that CIMC have at the end acquired of 2013 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
