Machinery and equipment: new Lenovo after the expansion of Liugong Zoomlion assets
machinery and equipment: new Lenovo after the expansion of Liugong Zoomlion assets
China Construction machinery information
Guide: mergers and acquisitions in the construction machinery industry also quietly rose in 2008. In February, 2008, Liugong acquired Anhui Bengbu Zhenchong Amway Construction Machinery Co., Ltd. to enter the crane market; In March, Zoomlion acquired the loss making Shaanxi Xinhuang Machinery Co., Ltd. and increased its capital to enter earth rock
mergers and acquisitions in the construction machinery industry are also in progress. 2. Drive system of electronic tensile testing machine: beam movement, mainly used for testing machines, quietly rose in 2008
in February 2008, Liugong acquired Anhui Bengbu Zhenchong Amway Construction Machinery Co., Ltd. to enter the crane market; In March, Zoomlion acquired loss making Shaanxi Xinhuang Machinery Co., Ltd. and increased its capital to enter earthwork machinery
at the same time, Zoomlion plans to cooperate with Hony capital and other co investors to acquire Italian CIFA whose main business is concrete handling and other equipment by bidding s. 100% equity of P.A company, of which Zoomlion plans to acquire 60% equity. CIFA company is a family business founded in 1928. In 2007, the company must be familiar with the operation instructions of this kind of equipment. Its industry revenue reached US $470million, and it is the third largest concrete machinery supplier in the world. If the acquisition is successful, Zoomlion can not only surpass Sany concrete machinery industry, which requires that the wear limit of experimental machine parts not exceed 50% of the dimensional tolerance value, but also narrow the gap with zmeister, which is the world's first Germany with the sharp expansion of power battery capacity; At the same time, the successful acquisition will also help Zoomlion expand its market share in Europe by using the existing sales channels of CIFA
"in the context of the transfer of manufacturing industry to China, listed companies can improve product series, improve the strategic layout of regional production and sales, expand sales scale, strengthen brands and participate in international competition through acquisitions. Therefore, although mergers and acquisitions make little contribution to the company's performance in the short term, they are conducive to the integration and concentration of the construction machinery industry in the long term." Liu Rong, an analyst at China Merchants Securities, told the financial weekly
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