Merger And Acquisition Strategies Research For China National Building Materials Company Limitid

With the China’s economy increased rapidly years, new projects have to be launched continually, investments in fixed assets,infrastructures and real estates have to be grew rapidly, the building materials industry as the basic of the national economy also get huge developments. Accounting for a significant proportion of building materials industry, cement industry have to be faced several dilemmas such as overcapacity,vicious competition and environmental protection requirements improved, as the same time of great developments.With the level and patter of China’s economic development, in the fully competitive industry of cement, how to use market mergers and acquisitions to quickly expand the scale of the development of enterprises, enhance vitality, rapidly and take a leading position in the industry, is a important question worthy of study.Under the background, this thesis conducted researches for M&A strategies of The China National Building Materials Company Limitid and analysis, the use of M&A theory, some of the theories and methods of the efficiency theory. The purpose of this paper is to make some useful analysis and summary the success of the acquisition strategy of the Chinese building materials industry. The thesis is summarized as follows: Firstly, discuss the research background and significance, the research methods and the path to a basic exposition. Secondly, through the literature review summarizes the mergers and acquisitions, strategic management theories of management. As the same time conducted in-depth study on the theory of domestic and international M&A strategy to lay a solid theoretical guidance for further study. Third, China National Building Materials Company Limitid by Share Ltd merger and acquisition from internal conditions, external conditions and other aspects of the comprehensive analysis; fourth, China National Building Materials Company Limitid by Share Ltd merger and acquisition M&A, from the idea of the principle of goal, process and characteristics were analyzed; fifth, the Chinese building materials Limited by Share Ltd merger and acquisition strategies for scientific summary, just after the merger management integration from the strategic integration, culture integration, market integration and management integration and other aspects of the analysis, and the merger of the effect from the financial and non financial two aspects are analyzed. Finally, based on the above analysis, this thesis carried out the acquisition strategies ofThe China National Building Materials Company Limitid concluded as, around the main industry make diversification developments, establish a clear strategic development ideas to play the advantages of economies of scale and to promote industrial century, with a capital platform for the integration of internal and external the advantages to ensure that the enterprises bigger and stronger, so that the enterprises could regain the leader in the fierce market competition.