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.

美国资本正加速收购德国中型家族企业，2025年交易额接近2022年的两倍。文章认为，这些企业技术专精、估值偏低，且不少所有者面临无人接班，是吸引力所在；但德国央行数据显示，同期美国对德直接投资总额反而大幅下降。