Ditzingen, October 2013: The German machine manufacturer Trumpf and global market leader in laser technology  buys 72% of his Chinese competitor Jiangsu Jinfangyuan (JFY). This is the largest acquisition in Trumpf’s company history. More and more German companies, especially of mid size, buy Chinese competitors or sector-related companies. The motivations is usually to ensure that the products are customized for Chinese needs. German products seem too expensive and the quality of Chinese companies is strongly catching up, so that the gap between German technology is no longer great, says the Handelsblatt journal in its issue of 17. October 2013.