Why US investors are snapping up Germany's famed Mittelstand

Increasing amounts of US capital are flowing into Germany's traditional industrial firms and family-owned businesses. As many business owners struggle to find successors, more companies are becoming acquisition targets.

美國資本正加速收購德國中型家族企業，2025年交易額接近2022年的兩倍。文章認為，這些企業技術專精、估值偏低，且不少所有者面臨無人接班，是吸引力所在；但德國央行數據顯示，同期美國對德直接投資總額反而大幅下降。