In the shadow of the global financial crisis, China’s auto industry has emerged as an unprecedented activity. There have been endless scandals involving domestic auto companies and international car brands such as Hummer, Volvo, Chrysler, Mercedes-Benz and Camas. As a leader in the domestic commercial vehicle industry, Weichai Power maintained its pride in an unusual manner. Until a report from overseas, Weichai had to stand up and make a statement. In the three days before the Lunar New Year, Weichai and France had already Bodu Ann Power signed an acquisition agreement. So, what exactly is Baudouin?
Who is Baudouin?
Compared with the European and American engine suppliers such as the famous Cummins, Deutz, Mercedes-Antroy and Perkins, the domestic company knows little about Moteurs Baudouin. In fact, this is a company with 106 A long history engine design and manufacturing company. Historically, the company's engine has been widely used in various fields such as vehicle, ship, engineering and industry. The French Defense Department maintained a good cooperative relationship with the French Army's various military armored fighting vehicles and naval speedboats, tugs and light frigates during the heyday.
In the early 1960s, Baudoin successfully developed the DP series of low-speed diesel engines with a bore diameter of 150 mm and a stroke length of 150 mm. At 1600 rpm, the single-cylinder output power was 22 kW. Its technical level changed the French engine. Poor reputation of embarrassment. In particular, based on the DP series diesel engine, the successful development of the P15 series diesel engine made Boduan Company more famous. The P15 series, which was put into production in 1974, includes in-line four-cylinder and six-cylinder, V-type eight-cylinder and twelve-cylinder. With the bore and travel unchanged, the single-cylinder output power was increased to 52 kilowatts by the turbocharger technology, and the fuel consumption rate was reduced from 234 g/Kg·h to 220 g/Kg·h. Afterwards, Baudouin made technical improvements to the P15 series engine. In 1981, it introduced the P15-2 series engine. The output power of the single cylinder was increased to 74-88 kW, and the fuel consumption rate was reduced to 197g/Kg·h. This series of engines has been widely used in the civil sector and is also popular with the French military. Its V12 engine was once an alternative engine for the third generation of French tanks.
In the early 70s of the last century, Baudouin of France developed a DF series high-speed diesel engine with a 115 mm bore and a stroke of 105 mm. At 3000 rpm, the output power of a single cylinder was 25.7 kW. This series of engines adopts a V-type 90 degree angle cylinder arrangement with three structures V4, V6 and V12. In 1979, with the help of the Angers Technical Center, Baudouin developed a series of diesel engines based on the DF engine, F11 and F12 (with the former having a bore diameter of 120 mm and unchanged stroke). With the advent of the Baudouin F-Series engine, it has become the top supplier in Europe, its power coverage is extremely wide (147-665 kW), and its fuel consumption is more than 20% lower than the DF series. Its overall technical level is comparable to that of the OM300 series engine developed by Mercedes-Benz in the same period. Since the 1980s, the Baudouin F-Series engines have achieved good results in both European military and civilian markets and have been exported to Asia, the Americas and Africa.
There is a lot of fate
Although Baudouin is not a model for the French internal combustion engine industry from the standpoint of technical reserve redundancy and development potential. However, as an independent engine supplier, its living environment has been severely tested, coupled with conservative business ideas. German and German diesel engine companies are accustomed to relying on large-scale commercial vehicles. For example, Mercedes-Benz and Antwerp have been closely linked in terms of capital and technology sharing. MAN and B&W have worked together on vehicle and marine engines. The development of Baudouin can be described as “ One's battle." In 1987, Baudouin was merged with Paribas in order to seek greater development. It caused a large number of engineering and technical personnel to be lost. The old brand founded in 1903 has since embarked on a journey of displacement.
After the end of the Cold War, the easing international situation led to the cancellation of a large number of defense orders. The development of the on-board power of Baudouin's company has been tumbled so much that it has to rely on marine engines to hunt on the civilian market. In 1997, Baudouin was once again sold off to private equity funds. Before the bankruptcy, the French Bauduon Power Company mainly produced three series of marine engines. This includes the S series (85-410 hp), the D series (110-620 hp) and the M26 series (220-1300 hp). Both of them are based on the French Pou Duan developed on the basis of P series and F series engines, and have a good reputation in Europe. It is said that Baudouin's annual sales reached 2.2 billion euros. However, since the early 1990s, the international equipment manufacturing industry has undergone enormous changes. Boduuan Company has neither grasped the opportunities for the development of civilian trucks in the golden decade of the 1990s, nor has it been able to adjust ideas in time to transfer technology. And joint development and other ways to open up the Far East market. In particular, engines produced by traditional commercial vehicle companies such as SCANIA and VOLVO continue to encroach on the marine engine market, causing companies such as Baudouin to eventually fall in the financial crisis of the new century. But in terms of engine quality, Baudouin still has a strong competitive edge.
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The original French Baudolean Power Company had officially bankrupted in October 2008. After the verdict of the Marseille Commercial Court, China Weichai Power and the Bankruptcy Liquidation Group signed an acquisition agreement, which promised that the reorganization party would accept the original Baudouin at least 118 Name (a total of 125) managers, technicians, and workers. Reports related to domestic media are somewhat different. According to the latest report from the French side, Weichai’s acquisition price is 4.6 million euros instead of 2.99 million. If Weichai Power can learn from SAIC's lessons in South Korea's Ssangyong merger case, this merger case is for Weichai Power, which is committed to becoming the world's top general power supplier. It took only less than one billion RMB to pay the price. It is undoubtedly a case of a company with a long history, profound technical reserves, and low labor and capital pressure. It is undoubtedly a "dry fish" (great bargain).
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