Cross-border Joint Ventures
- International Joint Ventures are becoming increasingly popular in the business world. These strategic alliances allow companies to potentially gain competitive advantage through access to both partners’ resources, including markets, technologies, capital and people.
- Galileo Global Securities helps clients to establish a list of criteria for selecting the partner, including experience, integrity, expertise, quality, and other factors.
Galileo Global Securities helped a Chinese company to develop a joint venture in China with an European partner. The Chinese company had a deep-understanding of the consumers’ behavior and taste, nationwide processing and distribution networks, and strong financial capability. The European partner provided leading global brands, with high quality and large volumes, excellent quality control and brand images, high-quality sources and diverse product lines. The cooperation provided more business opportunities to expand in China and globally.