Introduction to the development booster of overseas M & as in the construction machinery industry (I) new positioning of international M & as in mechanical engineering in January 2012, there were frequent news of cross-border M & as in the field of Mechanical Engineering: Sany Heavy Industry acquired Putzmeister in Germany, Liugong in Guangxi acquired HSW in Poland, and Shandong heavy industry acquired Faraday in Italy, Coupled with the previous Zoomlion and XCMG group, China
(I) new positioning of international M & A of mechanical engineering
in January 2012, there were frequent news of cross-border M & A in the field of Mechanical Engineering: Sany Heavy Industry acquired Putzmeister of Germany, Liugong of Guangxi acquired HSW of Poland, and Shandong heavy industry acquired Faraday of Italy for the role of servo valve in microcomputer display hydraulic universal experimental machine, plus Zoomlion and XCMG, China's mechanical engineering industry collectively went to sea, There is a great momentum to change the pattern of the world construction machinery industry. On January 21, a message came from eichital near Stuttgart, Germany: Sany Heavy Industry signed a merger agreement with Putzmeister, Germany, and sany and its partner will jointly invest 360million euros to acquire 100% equity of Putzmeister. This news, like a heavy bomb, caused the vibration of the global construction machinery industry. Sany ranked fifth in the global industry. Once it successfully acquired Putzmeister, which once ranked first in the global concrete machinery manufacturing field, Sany's world position in the global construction machinery industry will be significantly improved
just 10 days before Sany and Putzmeister announced their cooperation, another M & A in China's construction machinery industry also took place in Europe. On January 10, in the south of Poland, there was a rough influence precision of more than 600 years; In the castle of the history of servo system used by the latter, Guangxi Liugong signed a conditional acquisition agreement with HSW, a Polish construction machinery enterprise. Guangxi Liugong invested 335million yuan to acquire the civil engineering machinery division of HSW in Poland. The news coming one after another reminds people of a series of mergers and acquisitions in the construction machinery industry in recent years. In september2008, Zoomlion and its partners paid a total of 250million euros to meet the needs of users, and acquired 100% of the equity of western France, the third largest company in the world. This acquisition made Zoomlion leap from the fifth place in the global industry to the largest manufacturer of concrete machinery in the world; In july2011, XCMG machinery acquired two hydraulic parts manufacturers located in Germany and the Netherlands respectively; In January this year, Shandong Heavy Industry Co., Ltd. spent 374million euros to acquire a 75% controlling stake in Italian Faraday group, a global luxury yacht giant. At the same time, XCMG machinery is in intensive talks with schweiying of Germany on mergers and acquisitions
suzimeng, Secretary General of the "new 3-yuan" capacitor graphene composite NCA lithium ion battery Utilization Technology Association of co polymerization carbon, said: "foreign engineering enterprises, especially those in developed countries, now also need to find new positioning and new entry points in the future market."
(II) what has been bought from the international of mechanical engineering?
it took exactly one month from the issuance of the acquisition invitation to the signing of the acquisition agreement between Sany Heavy Industry and Germany Putzmeister company. However, it took only two weeks for the two machinery manufacturing giants to really discuss the merger and acquisition. This international flash marriage surprised the outside world. What does Sany really want from swallowing an elephant so quickly? And what have many international mergers and acquisitions in the mechanical engineering industry bought
Putzmeister, Germany, is one of the world's most famous manufacturers of construction machinery, especially in the field of concrete pump truck manufacturing, which has long been a world leader. In addition to its advantages in the manufacturing field, its sales network also covers 154 countries and regions around the world. In the past few decades, Putzmeister's global market share has been as high as about 40% for a long time. However, facing the sudden financial crisis, this "century old store" was not spared. In 2009, Putzmeister was in deep crisis and its business volume decreased sharply. It was not until 2010 that it began to make profits again. Last year, as soon as the news of the intention to sell Putzmeister in Germany came out, many construction machinery enterprises around the world immediately waited for the opportunity. Finally, in this fierce competition, Sany won the first place. What is the most important thing for Sany to bring the "elephant" of the industry under its command? Xiangwenbo from Sany Heavy Industry told us that the value of this enterprise to us is not a product, but a strategic acquisition. The brand, technology and global sales and service system it brings can not be measured by economy. The acquisition object of Guangxi Liugong, Polish HSW company, was established in the 1930s. It is one of the largest construction machinery manufacturers in China and Europe, mainly producing military products and construction machinery products. This 80 year old enterprise is famous for producing high-quality bulldozers. It is one of the most complete bulldozer product lines in the world. At the same time, it is an expert in gearbox design. It has a skilled R & D and production team. These advantages will promote the rapid development of Guangxi Liugong bulldozer and other business sectors
123 next page