A new round of mergers and acquisitions in the coating industry has come
2017-06-15 17:20:04
With the rapid development of market economy, our country has success as the world's largest manufacturing industry and the second largest economy, but it is accompanied by the majority of enterprises overcapacity situation, and will usher in bankruptcy or mergers and acquisitions.
With the rapid development of market economy, our country has success as the world's largest manufacturing industry and the second largest economy, but it is accompanied by the majority of enterprises overcapacity situation, and will usher in bankruptcy or mergers and acquisitions.
As a highly competitive industry, the coatings industry is the most active area of mergers and acquisitions, except for the special coating materials supporting national defense industry, and other fully integrated into the international competitive environment.
the most fervent of recent times; the PPG takeover of the Akesu Baer event. Since March 2nd of this year PPG has repeatedly proposed acquisition of Akesu Nobel, but finally did not succeed. It is because of the global paint industry leader “ ” the status of competition, because last year Sherwin and Valspar announced after the merger, will endanger the PPG status as a global giant boss has been.
in fact, as early as 2015, a new round of mergers and acquisitions has quietly come to the present, is still heating up. According to statistics, in 2015, the total amount of global mergers and acquisitions amounted to $4 trillion and 700 billion. In today's global macroeconomic development is not optimistic under the background, the growth of coating market slowdown, coating enterprises and other factors intensifying competition will accelerate the pace of coating enterprises baotuan.
then, in the first month of 2016, many companies have quickly completed mergers and acquisitions. In January 19th, Audax announced that the U.S. private equity fund, the California investment company (California Products Corp.) merged with Nicoat company, set up a new &mdash &mdash coatings enterprises; innovation; chemical products group.
a series of events staged, Ou Lilong (Orion) acquisition of a wholly-owned Qingdao Evonik chemical company, Nippon has completed the German automotive paint manufacturer B& the acquisition of K, Ji Shike acquired the company Specialty Coating Systems special coating system, Inc, which for the paint industry is a an important milepost.
over the past few years, with the continuous development of China's coating industry, there has been a situation everywhere; however, in this &ldquo, shiny &rdquo behind, but there is a trace of hidden dangers. At present, there is a serious waste of resources and disorderly competition phenomenon in the coatings industry, and even some enterprises still exist low level repeat, subsequent development the lack of technical support and other ills, contributing to the overall competitiveness of these enterprises decreased year by year, which in turn affects the overall level of China's coating industry to improve.
therefore, the paint industry mergers and acquisitions phenomenon, proper reshuffle of the industry, this is also the general trend.
in the storm of mergers and acquisitions, paint companies must change their concepts and fully understand the importance and necessity of mergers and acquisitions as a new industry development model. Break “ Ning when a do: ” the traditional thinking, learning the experience of western developed countries, mergers and acquisitions and balance.
coating industry has developed for decades, the market has gradually developed a new direction. In recent years, air pollution and energy conservation has become a topic of concern to the people and the country, the government promulgated a series of related policies, the survival and development of this restricted to a certain extent most of the paint companies, have to find another way out, now is to in the teeth of the storm of transformation and upgrading, we should consider how to realize the transformation and upgrading, out of trouble.
merger phenomenon may cause the paint industry competition pattern changed completely, whether large enterprises or small and medium-sized paint enterprise, can laugh forefront, finally depends on their ability to use the means of reform and innovation, can take the environmental wind to blaze a new trail.
