|
|
|
| Add: |
Jinan,Shandong,China |
| Code: |
250201 |
| Tel: |
86-531-83477228 |
| Fax: |
86-531-83475166 |
| MSN: |
jnmfxhs3364@msn.com |
| web: |
http://www.tc977.com |
|
|
|
|
|
|
| |
| Engineering crane industry surging mergers and acquisitions, competitive upgrade | | News source: Reads:90 AddTime:3/20/2009 7:55:39 PM Collects this page |
| First quarter 2008, the Chinese engineering crane industry happened in two successive M & A case, are impressive.
February 22, 2008, Guangxi Liugong Machinery Co., Ltd. 89,575,300 yuan in the price of the acquisition of Bengbu City vibroflotation Amway Construction Machinery Co., Ltd. (formerly woodiana onwards) equity, restructuring Liugong Crane Ltd. set up in Anhui.
March 31, 2008, Manitowoc Company announced Tai'an Dongyue Heavy Industries Ltd. to set up joint ventures, Manitowoc Crane Group Asia Dongyue Heavy Industries Ltd. has acquired 50 percent stake. Dongyue Heavy Lifting the formerly Tyan Machinery Factory, is currently the fourth largest domestic engineering crane manufacturers.
Crane works to develop our country started in the 20th century on behalf of五六十年experienced the late seventies to the eighties the introduction, absorption, as well as the autonomy of the past decade the development stage, the domestic engineering industry cranes have been stormy since the beginning of 1993 sales all the way down until the market rebounded in 1999, so that the number of industries and enterprises from dozens of sharp decline, while larger enterprises Xu heavy Puyuan long, the north, Thailand, the mussels from and re-Kam. In recent years, the construction machinery market, the continued blow-out, the whole industry a rare general economy, industry profits and annual sales average of over 35%. At the same time, engineering crane industry has experienced five years of rapid development, sales reaching new heights, with the crane industry in our country's position in the global market rising, the industry more competitive in the engineering industry set off a crane boom M & A integration .
1, M & A general trend of the internationalization of
Crane is currently the world's major producers of works for the United States, Japan, Germany, China, the world's top companies勃海尔favorable, Manitowoc, Terex and many fields and so on, one of Grove, Terex by acquisition of competitors from getting access to European markets. Grove first annexation in 1984 at the British Kirsten, and then in 1995 bought at Krupp, Grove in 2002 was the acquisition of Manitowoc. Terex Corporation in 1995, the French annexation of PPM and Bendini Italian company, in 2002, Terex Cranes Group Acquires German company Demag mobile crane.
Acquisitions of domestic engineering crane industry-leading enterprise of foreign occupation is an important way to the Chinese market, despite the crane industry in the automotive industry by the state because of policy restrictions, foreign investment proportion shall not exceed 50 percent, but that does not hinder the enthusiasm of foreign capital mergers and acquisitions. Of China's future market, as well as strong growth is expected to take advantage of China's low-cost strategy for resource allocation of its global industry chain has become the driving force of foreign mergers and acquisitions. Reorganization of assets, including not only capital, between capital and at the same time a strong domestic construction machinery enterprises are also optimistic about the engineering crane industry, mergers and acquisitions carried out.
March 2003, Beijing crane factory and the Japanese joint venture was set up tadano tadano north (Beijing) Crane Co., Ltd., to become foreign capital into the domestic engineering industry, the first case of a crane.
August 2003, Zoomlion successful restructuring of the acquisition of engineering crane industry ranked second in Hunan Puyuan Construction Machinery Co., Ltd..
April 2006, the third largest domestic enterprises in Sichuan Changjiang Engineering Crane Co., Crane 50% stake in the company was one of the world's giant crane Terex acquisition.
To this year's two acquisitions completed in the domestic engineering crane top six manufacturers only industry leader did not happen Xu heavy mergers and acquisitions, Puyuan, north, long since, Thailand, the mussels from both |
|
|
|
|
|
|
