A Study On The Motivation And Performance Of Shalonda Mergers ADAMA

With the acceleration of economic globalization,China's economy fast development,the market situation is fast changing,the competition between enterprises is increasingly fierce,many enterprises choose through mergers and acquisitions to expand the market,expand the scale,the transformation and upgrading in order to promote their own development.In recent years,the pesticide industry is facing a severe test,domestic pesticide severe overcapacity,market demand insipid.The pesticide industry bear the brunt of the problem is how to stabilize their own enterprise,reduce loss,adverse circumstance timely stop in pesticide industry environment,and seek new development.At present in view of the current situation of the development of domestic pesticide industry,relevant theoretical knowledge study is less,the pesticide enterprises M&A behavior and the change of the performance after the merger,will help the accumulation of domestic pesticide industry mergers and acquisitions related theory knowledge,for pesticide enterprises merger and acquisition activity lay a solid foundation.Correct guiding pesticide enterprises in the direction of sustainable development at the same time,the M&A behavior has certain reference significance.This paper takes the acquisition of ADAMA by Shalonda as an example to conduct a case study,which is divided into five parts.In the first part,the research background,significance,methods and contents of the thesis are briefly described,and the researches on the motivation and performance of M&A by domestic and foreign scholars are reviewed.The second part is the theoretical overview of mergers and acquisitions,the concept of mergers and acquisitions,motivation and performance of the relevant theoretical elaboration.The third part is mainly the case introduction of the merger and acquisition of ADAMA by Shalonda,which elaborates on the industry background,the basic situation of both parties and the merger and acquisition implementation process.The fourth part is the key content of this paper,which analyzes the motivation and performance of m & a.Firstly,the motivation of merger and acquisition of Shalonda is analyzed.Then,through event analysis method,financial index method,non-financial index method and Eva analysis method,the M&A performance of Shalonda before and after M&A was evaluated.The fifth part is the inspiration and conclusion of the case.Through the analysis of the case,the acquisition of ADAMA by Shalonda achieved good market reaction.The company's operating income and profit have increased considerably.The market share and overseas operating income of Shalonda have been significantly improved,its R&D and innovation ability has been continuously enhanced,and its core competitiveness has been increasingly obvious.The economic added value has increased significantly,bringing wealth to shareholders and having a positive impact on the development of the company.According to the analysis results,the following enlightenment is obtained: in the process of merger and acquisition,enterprises should choose suitable merger and acquisition objects;Merger and acquisition is an effective way to improve the competitiveness of pesticide enterprises.To attach great importance to the integration of enterprises after merger and acquisition;A long-term comprehensive index system should be established to evaluate the performance after M&A.By analyzing the case,the author hopes to provide some references for the merger and acquisition of other enterprises in the pesticide industry and the development of the pesticide industry.