Impressive conversation with Mr. Yongwu CHEN, Assistent of GM of Shanggong Group, Managing Director of PFAFF Industriesysteme und Maschinen GmbH.
In 2004 Shang Gong took over the German industrial sewing machine manufacturer Dürkopp Adler. This was followed by two more acquisitions (Pfaff and K.S.L.) within the industry. At the beginning, the company had a very hard time due to the severe crisis and production slump in the machinery industry. However, due to the successful integration phase and the resulting synergy effects, Shang Gong managed to turn things around and continuously increased sales and profits.