2fire said:
As I mentioned earlier, I am finding your answers valuable and I very much appreciate it. Currently I am making some of homework based on what have been mentioned. While figuring out what else could be done.
I am in the sector of medical devices. We experience about 25% annual grow for the last decade and I am chasing it with expanding factory and opening factories in Asia to hedge risks in Europe. Orders from customers covering our production capacity for the entire year, despite increase of production. We have credits from local banks and EU grants, however it is not a 10M-25M.
My target company which is also manufacture of the medical products which could be sold via my channels, so it will be very much complementary. Large competitors practically doing the same and buying companies, however they are public and seems has unlimited resources.
Last year I have opened a facility there. However it is very long journey. Currently I am financing it from our own profit. Banks in China seems very open to finance it too, but they want to see some export. I hope next year we will have some figures to show.
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