With the gradual rise of new energy sources, auto-piloting and other trends, the entire automotive industry is faced with the task of transformation and transformation, and auto parts companies can't escape the "test." And cruelly, this "examination" is very happy after passing the exam. If you pass the exam, you will probably be eliminated. It is precisely because of this that auto parts companies have been able to expand their strengths in recent years, and in specific measures, in addition to some adjustments in business and strategy, “strong alliances†and “small changes in size Even mergers and acquisitions such as “taking big snacks†have become a very important way for some companies.
From the perspective of these two years alone, mergers and acquisitions of auto parts companies have occurred from time to time. Last year, mergers and acquisitions such as Qualcomm's acquisition of NXP and Johnson Controls' acquisition of Tyco International Inc. occurred. Of course, in the first half of this year, such events were not rare. Gasgoo Motors found out that some of these mergers and acquisitions have been nailed, and some are still pending. Of course, there are still some “little beggars†incidents...
KSS acquired Takada. Did this matter be settled?
Since June last year, the news about Ningbo Junsheng Subsidiary American Bailide Security System Co., Ltd. (KSS) taking over Gaotian has buzzed in the industry, but it has not been determined. In February of this year, Takata denied KSS became the only final bidder. According to relevant sources, KSS was still fighting for bids. Until June of this year, this incident only ushered in more precise news. According to reports, Takada filed for bankruptcy protection in Japan on June 26 and stated that KSS will acquire Takata's main business for US$1.588 billion and both parties have signed a Memorandum of Understanding.
However, according to the announcement issued by Junsheng Electronics on the same day, the signing of the memorandum is only an agreement of intent reached through friendly negotiations between the two parties. Specific matters still need to sign a formal agreement. The company’s follow-up due diligence and negotiation will determine whether the final agreement can be signed and needs With the agreement reached with the world's 14 major vehicle manufacturers and the Takata Bankruptcy Management Committee, there are still uncertainties in related matters.
Qingdao Shuangxing merges Kumho, and some young people!
On January 18 this year, South Korea's Kumho Tire creditors formally confirmed that Double Star is the preferred partner for the assignment of Kumho Tire's claims. On March 13, DoubleStar officially signed an agreement with the nine largest banks in South Korea to acquire a 42.01% stake in Kumho Tire at a price of approximately 955 billion won. According to the transaction agreement, if the president of Kumho Asiana Group does not exercise the priority repurchase right within 30 days, Double Star will become the largest shareholder of Kumho Tire. On April 25, according to media reports, Qingdao Double Star stated that the company had received notification from Kumho Ticker's creditors the day before, as the priority purchase right holders Park San-joo and Park Se-chang were unable to exercise their priority prior to the expiry date of the pre-emptive right. According to the purchase agreement, Qingdao Shuangxing will become the ultimate buyer of Kumho tires.
However, things did not go so smoothly. When everyone thought that the merger and acquisition incident had settled down, foreign media reported that although Kumho Tire's many claims were exerting pressure on Kumho Hana, the company still insisted on adjusting. The copyright fee for the use of the “Kumho†trademark was increased from 0.2% of sales of Kumho Tire in 2016 to 0.5%. The Qingdao Double Star stated that it would not concede, and the company insisted on the 955 billion won of the M&A price, and the copyright royalties for the “Kumho†trademark were included in the fee. At this point, the merger and acquisition case has reached an impasse, and as of now, both parties have made new responses to this.
It includes Hoists, shuttels ,trolley, carts, etc.
Mainly part: Combined cathode conductive device solid copper bar and stainless steel casting assembly; Copper conductive seat (copper, nickel);Cathode water-cooled high-current conductive seat (chrome); Electrolysis and deplating anode conductive copper bar (Cu 80*8); Copper and nickel liquid anode conductive copper bar (Ti&Cu 80*8);3+chromium anode conductive copper bar (Ti&Cu 100*10); Roughened anode conductive copper bar (Cu 60*10); Non-conductive support (nylon); Anode conductive bar protection support rod (PP/PVC); Anode shielding board(PP/PVC) ; Accessories such as insulation pad cover and stainless steel standard parts.
Mechanical Transmission,Mobile Shuttle Device,Trolley Lifting Device,Lifting Device Of Production Line
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