| According to the state council on forwarding the food and drug supervision administration departments \"on further strengthening the quality and safety of infant formula powder work opinion notice countries do hair [2013] no.57 and issued by the ministry of the raise the level of powder quality Consumer confidence boost society action plan related content,milk companies in China will be faced with an unprecedented large-scale shuffle,dairy industry consolidation mergers and acquisitions will be large scale across the market.In allowed a second child policy encouragement,milk consumption in China will be a peak,but it has long been foreign brand milk powder market in China occupies a large jiangshan,milk powder with melamine,powdered milk poisoning,overdue recovery are bombarded with negative news such as the Chinese confidence in its own brand milk powder.Countries launched a series of laws and regulations,regulations governing the milk powder market,rectification to the whole industry,pointed out the development direction for milk companies.With the deepening of the five countries to implement,the next three to five years,what the enterprise is not in conformity with the national industrial policy will exit the dairy market,two-thirds of the enterprises will be eliminated by acquisitions or breasts.Through the merger and reorganization,the realization of milk companies \ "combination\",improve the quality of the domestic milk powder and credibility.Mengniu group since 2010,according to their own industry layout to mergers and acquisitions some dairy companies,through merger and acquisition behavior make up the short board,own construction to complete the overall layout of the whole industrial chain.Mengniu group,as the leading enterprise in China's dairy industry has always maintained a leading position in the industry,how to complete production capacity and inventory,deleveraging,cost reduction,for short five key tasks,tests the abilityof enterprises,determines the economic transformation and upgrading can make themselves under the prospects of development level on a higher level.Mengniu group's main income comes from liquid milk business,since 2010,mengniu group,with some well-known international and domestic dairy enterprises to carry out a series of strategic cooperation,on the yogurt products,raw milk source continuously make up their own short board,in the process of the development of the whole industry chain and beat absorption merger and acquisition quality resources.Have mergers and acquisitions in the industry to extreme dairy \ "king\",\ "modern animal husbandry\",\ "yashili group\",has the biggest yogurt processing base in north China,the stability of the milk base,enhance the mengniu brand in the milk powder market share and improve the weak link of industrial chain.Improve the industry concentration and consolidate the status of mengniu dairy industry.Mengniu series m&a is an effective way of filling their short board,also conforms to our country dairy conveniently,under the background of great integration will inevitably make the development of the group more stable and better.However,any enterprise in the process of mergers and acquisitions,limited is a key to the success of mergers and acquisitions,mergers and acquisitions financing is also a priority of mergers and acquisitions are realized.In m&a financing,how to choose the m&a financing way,determine the effective m&a financing structure,it is necessary for merger and acquisition of enterprises before m&a problems to be solved.The analysis of the status quo of financing in mengniu series of mergers and acquisitions,find the problems existing in the financing,the analysis of the effect of m&a financing of enterprise financial indicators,dig deeper problems of financing,and gives the solution,let m&a financing for mengniu the whole industry chain to build the most powerful support. |
PDF Full Text Request