China in particular has developed a significant lead in low tech manufacturing such as textiles, apparel, bulk chemicals and appliances. The West maintains a significant share in advanced engineering areas such as aircraft, automotive, special industrial machinery, medical devices and scientific equipment.
Low cost markets are attempting to move up the value chain, putting pressure on western manufacturers to maintain investment to keep one step ahead. This requires a focused strategy that gains support from funders; an understanding of customer demand, together with a workforce and facilities that are sufficiently skilled and flexible.
How can we help
Our corporate team advises on the full range of corporate finance work, which encompasses mainstream M&A, acting for banks and other financial institutions from the provision of acquisition finance facilities, through to advising entrepreneurs on start-up structures.
This highly competitive landscape often means that an opportunity or threat depends upon where a business sits in the supply chain and competitively. For some it may represent an opportunity to grow through consolidation, for others, an exit from a certain market to focus on core strengths may form part of a stronger strategy. We can help look at the overall strategy and make the right choice for your business.