Midea Continuous Merger And Acquisition To Create Value Case Study

Based on the "home appliances enterprises how to benefit from continuous acquisition",such as resource scheduling theory,synergy theory as the foundation,based on inductive case studies,choose the "midea group" more than a decade a series of continuous acquisition object,the inductive case study aims to solve the two problems of enterprise merger and acquisition of continuous: One is how Midea Group arranges resources in successive mergers and acquisitions.Second,what is the mechanism of Midea Group’s resource arrangement affecting enterprise value? It tries to explore the association behind different mergers and acquisitions and how Midea Group creates value for the enterprise through resource arrangement.Finally,it sorts out the influence path and mechanism of resource arrangement on enterprise value creation in mergers and acquisitions.According to the characteristics of midea group presented during the merger and acquisition,the continuous acquisition process can be divided into three stages,namely the acquisition,to expand the international market,key technology and diversified transformation stage,and from the resource scheduling theory of three stages,namely,build resource combination,resources reorganization,resource leverage,analysis summary midea group each stage of development problems,Summarize how to make the enterprise out of its own development bottleneck through resource arrangement,and then create value for the enterprise.This paper puts forward a possible path for Chinese home appliance enterprises to create value through continuous mergers and acquisitions,hoping to provide useful inspiration for Chinese home appliance enterprises to carry out continuous mergers and acquisitions in the future.It is found that the continuous merger and acquisition is not an isolated event,but a choice based on the adjustment of enterprise strategy.And with the continuous merger and acquisition of enterprises,the path and mechanism of resource arrangement influencing enterprise value creation are gradually diversified and complicated.Therefore,absorbing and accumulating resources is only the first step of a company’s continuous mergers and acquisitions.If simply accumulating resources cannot achieve the purpose of continuous mergers and acquisitions,the company should cultivate capabilities at the same time,that is,implement resource scheduling.At the same time,it must be based on changes in internal and external environments.Flexibly change the way resources are arranged.In short,to enhance the effect of M&A investment and create value when a company conducts continuous mergers and acquisitions,it needs to focus on the arrangement of resources,explore and grasp the way of value creation.It is hoped that these findings can provide some enlightenment for Chinese home appliance companies in their continuous M&A strategies.