Cross-border mergers and acquisitions by Wanfeng Jinyuan holding group / Zheying Wu.

Format:

Book

Author/Creator:

Wu, Zheying, author.

Chen, Yangbo, active 2024, author.

Wang, Yujie (Professor of automation), author.

Series:

SAGE business cases.

SAGE business cases

Language:

English

Subjects (All):

Business planning--Case studies.

Business planning.

Consolidation and merger of corporations--Case studies.

Consolidation and merger of corporations.

Automobiles--Design and construction--Case studies.

Automobiles.

Physical Description:

1 online resource : illustrations.

Place of Publication:

London : School of Management, Fudan University, 2024.

Summary:

The enterprises featured in this case consist of two, namely Wanfeng Group, a privately owned corporation, and one of its subsidiaries, Wanfeng Jinyuan Holding Group (hereinafter referred to as Wanfeng Jinyuan). Wanfeng Group was founded by Ailian Chen in Xinchang county, Zhejiang province, China in 1994. When it was first established, Wanfeng Group focused on automobile wheel hubs made from aluminum alloy and supplied the booming automobile industry in China. Since then, the group has gradually extended its activities to the upstream sectors of the value chain while also expanding into related industries and overseas markets. It has now evolved into a group of companies specializing in aluminum alloy wheel hubs, magnesium alloy automotive parts, industrial robots, and financial services, with its own factories and sales networks in China, India, North America, and other countries and regions. Wanfeng Jinyuan is a business unit within Wanfeng Group that focuses on financial services and intelligent equipment. It plans to develop its industrial robot business and aims to become a global industrial robot manufacturer covering the entire industry chain. Wanfeng Jinyuan has implemented a strategy that relies on the mergers and acquisitions (M&A) of high-value assets in the global robotics industry chain to achieve its growth. The group had the opportunity to acquire Paslin, an industrial robot system integrator in the US, at the end of 2015. Given the position of the acquisition target in the value chain and the difficulties of post-acquisition integration, Paslin was potentially not the optimum choice of acquisition but Wanfeng Jinyuan's leadership had to make a decision quickly.

Notes:

Description based on XML content.

ISBN:

979-83-488-4647-3

OCLC:

1569208770

Publisher Number:

T300474