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Home Appliance Chain Undercurrent Pants Off, "m & A Boom" by sgbvdf asga
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Home Appliance Chain Undercurrent Pants Off, "m & A Boom" |
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Business,Business News,Business Opportunities
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Dazhong Paradise merger
Best Buy
Re-transmission of one billion yuan acquisition
Five Star
51% equity
As the largest U.S.
Home appliance chain
Enterprise Best Buy (BestBuy), to enter the Chinese version of the update after the merger. Following the acquisition of Five Star Best Buy plans abortion be exposed after the news yesterday (May 9, 2006), it was rumored "Best Buy has about one billion yuan to buy 51% stake in the five-star" message. Best Buy, regardless of the form in which M Chinese home appliance chain, as the first foreign giant home appliance chain remodeling pattern of its mission has been revealed.
Yesterday (May 9, 2006), there is news that the world's largest home appliance chain Best Buy, Inc., will be nearly 10 billion yuan in cost of holding the mainland's fourth largest home appliance chain Jiangsu Five Star Appliance, and reservations "Five Star"
Brand
. Reported that the joint venture agreement the two sides have signed more than a month ago, Best Buy to give up wholly-owned acquisitions, and finally to 120 million U.S. dollars acquisition of five-star 51% of the shares, there are rumors that Best Buy is the price paid for the 200 million U.S. dollars. 100 Best Buy will "Five Star" brand in the Mainland market and
States United States
,
Suning
Paradise and other home appliances chain
Competition
, While in Shanghai, Beijing, Guangzhou and other big cities Zeyi Best Buy to build high-end brand
Flagship store
.
And this news, Best Buy and Five Star did not respond positively. Best Buy said relevant, this can not comment. The Five Star King Star, said Planning Director of the Centre, and Best Buy really "in touch", but this is the message "not very accurate", but also time to disclose such information.
Chinese home appliance chain in the existing retail territory, according to the China Chain Store & Franchise Association released the latest data, Gome and Suning in
Sell
Scale separation par, while the Yongle and five-star separation 34, in Beijing take advantage of the large and medium sized sixth. Last month, Yongle and Dazhong and start strategic cooperation, prepared to move the merger a year the Chinese home appliance chain generated Gome and Suning, "large and medium + Paradise" in the three pillars. At this point, Best Buy's deal will set off home appliances with
Locks
Integrated pattern of waves.
's Observation
Undercurrent surging home appliance chain
As the first foreign home appliance chain enterprises Best Buy into China in the grappling with domestic home appliance chain only a matter of time. In
Retail
, The home appliance chain different from traditional retailing, which earlier knowledge of the Carrefour
Wal-Mart
And other harmful effects of foreign-funded enterprises, while Best Buy will serve as the first foreign investors to have the knife to kill "in fighting fiercer than a tiger" in a Chinese home appliance chain.
No matter what form
specific, Best Buy Five Star is the main star with such strong will power to accelerate the development, with existing Gome and Suning, Yongle, Dazhong the "four kings" one side gets the better . While Best Buy as the first foreign-funded enterprises into China, Five Star will also be available to use network resources, and more
Localization
Sales channel penetration into the Chinese market, the price of the grappling stage still remain in the chain of domestic appliance market, Best Buy's Sharu whether they like Carrefour on the impact of traditional retail is unknown.
2006 appliance chain has been predicted years of "closed shop", with a simmering home appliance chain in the industry, whether it is
Huang Guangyu
Good at
Capital
Wrist, or have large and medium cooperation Paradise in progress, Best Buy's large-scale mergers will inevitably become increasingly saturated home appliances layout confusing.
I am China Toys Suppliers writer, reports some information about electric wok cooking , electric plate warmers.
Related Articles -
electric wok cooking, electric plate warmers,
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