The German government has retroactively barred an acquisition that had already been closed: Beijing-based Aeonmed Medical was not allowed to buy Heyer Medical. “This acquisition is prohibited for reasons of public order and safety,” a spokesman for the German Federal Ministry of Economics and Climate Protection (BMWK) told China.Table. The reason: Heyer Medical manufactures respiratory equipment. “During the COVID-19 pandemic, it became apparent that Germany needs to maintain its own manufacturing and production capacities to be able to supply itself with ventilators independently of non-European manufacturers,” the ministry said.
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