Research On The Enterprises Of Overseas M & A Integration Of China

In 1984, the China Resources and Group Bank Group jointly acquired the Kang Investment Co., Ltd. of Hong Kong. It is the first overseas mergers in China to learn from After that, we went through overseas acquisitions infancy, preparation stage and initial stage and went into the growth stage. In 2013, Chinese enterprises overseas M & A transactions amounted to $ 61.9 billion Entering 2014, overseas mergers and acquisitions’heat not only remains unabated, but also increased.In recent years, the construction machinery industry of China develops rapidly and formed a certain scale. However, the integration of the research on overseas acquisitions of engineering machinery enterprises is not combined with an enterprise. There are some differences between international and domestic operations management. Therefore, this article uses the methods of data analysis, theory and practical examples to explore the integration of enterprises overseas M & A and solutions. It can also provide ideas for mergers and acquisitions of other companies.First, the paper discusses the background of machinery industry in China including overseas mergers and acquisitions. And then the essay combined the overseas M & A theory about integration with the basic methods and principles of the overseas merger integration. On the base of integration content and influencing factors, we come to the importance of overseas mergers and acquisitions in the late.Second, after analysis the premise of the background of industry, using the method of case analysis, the paper describes the process of Sany acquiring Putzmeister. Then we analyze the motives of the purchase behavior. For this case, it faces the problems of shortage of funds raised in the integration process, technical difficulties, staffing issues and the paper explains the three main issues.Again, the paper uses the method of DuPont analysis to show the reason of financial risk after digging the causes of the three major problems. In the leader of the case, we analysis the reasons of the problems to provide direction and ideas.Finally, under the premise of finding questions, analyzing reasons, the paper propose practical solutions to solve the problems. And it provides a reference for other company’s overseas merger integration cases.