A Study On Sanonda Merger And Acquisition Of ADAMA Company

In recent years,the pesticide industry is facing a severe test.Domestic pesticide production capacity is serious surplus,market demand is flat;International protectionism is on the rise,and the good momentum of foreign trade is unsustainable.The price of basic chemical raw materials is higher,the company's capital cost pressure increases;Social security production,environmental protection demand and so on.Therefore,the first problem in the pesticide industry is how to gain a foothold in the complex situation and realize its own leapfrog development.In this paper,the author analyzes the case of ADAMA company and provides reference for enterprise merger and acquisition.The cases are carried out in the following aspects:Firstly,relevant theoretical research is carried out on the concept,type,development course,theory and financial performance of theory,and based on this,the process of the successful acquisition of ADAMA company by SANONDA is analyzed.This paper analyzes the motives and risks of merger and acquisition,and analyzes the effect of financial performance verification and acquisition,and expounds the conclusions and inspirations of the author from the acquisition of ADAMA from SANONDA.There are six chapters in this article.The first chapter is the introduction of the paper.It introduces the research background,significance and research methods of the paper,and combs the research theory of IPO at home and abroad,which provides useful ideas for the later writing.The second chapter uses the literature research method.The concept,category and related theories of merger and acquisition are introduced.The third chapter introduces the case involving the company and the process of merger and acquisition.Chapter four is the case study of this paper.Firstly,the motivation was analyzed.Based on the analysis of the risk of the company's acquisition of ADAMA,the performance analysis of the financial data of the six years was conducted.The fifth chapter is the enlightenment to the case.After the case study,the author draws some inspirations from the case of the acquisition of ADAMA by SANONDA.In the end,the conclusion and prospect of the case summarized.