| Acquisition is a certain result of market system, it’s the transition of proprietary rightsbetween two companies. A company can strengthen its competitive ability very quicklythrough acquisition. Because of the target of acquisition is not a simple commodity but acomplicated company, this decide the acquisition is a complicated and huge systemengineering, and the process is full of risks. So, have a detailed analysis for the process isreally necessary.This paper regards it as research object that YF Company purchase ZK Garbage PowerPlant, and has a research on the acquisition process and the development. Firstly, the writersynopsizes the related theory of acquisition, then introduces the general situation of acquiringenterprise and target firm, and analysis the motive of the acquisition behavior. In chapter three,the paper has a analyses of the program’s opportunity in the aspect of macroscopically policy,technology and marketing. Combined the garbage power industry’s character of hazard-freetreatment, the writer brings up a technical reconstruction plan from engineering,environmental and security in chapter four. In chapter five, the company’s organizationalstructure has been designed, and represents the new management system. The main contentsof chapter six and chapter seven is estimates the program’s investment which based onexisting financial dates, and evaluates the program’s profitability and debt paying ability. Thelast part of the paper is the conclusion and proposes.Acquisition is a complicated project which is related to technology, marketing, financial,investment environment and so on. Analysis these facts carefully beforehand can helpdecision-makers avoid the blindness and risks of the acquisition. The writer hopes thisdissertation could provide some guides to domestic acquisitions. |
