German culture and the lift truck industry: how Jungheinrich became the second largest firm in the industry

Discusses the nature of business cultures between two European Union nations – Germany and the UK – and how these cultures affect their economic performance. Details the way takeover bids are conducted between the two countries and the ramifications for both management and employees of the respective companies involved. The charge that nationalism plays a big part in negotiations is made by some, and raises the question of the desirability of the increasing concentration of industrial ownership in the hands of one member of the community at another′s expense.