Angels typically fund a startup at the seed stage of a company. There is a higher risk associated with angel investments as they are dealing with an unproven business model. It's also probable that the company doesn't have a product and, if they have customers, they might not have significant revenue.
[ Published in HOERBIGER@MOTION 02/2013 ] Ariel Corporation, Mount Vernon, Ohio, USA, is one of the leading manufacturers of high-speed reciprocating compressors in the world. Thanks to a modern distribution center, almost all replacement parts for Ariel compressors are delivered to any destination worldwide within 24 hours.
ChemChina is a state-owned conglomerate that also makes tires. Buying Pirelli gives them access to advanced tire manufacturing and gives Pirelli a leg-up in Asia. A deal has been signed to put famed Italian tire maker Pirelli in the hands of the state-owned chemical conglomerate ChemChina.