subject: Ningbo Nightlife Dream Acquisition Was Intended To Disrupt The Development Of Changhong Washing [print this page] Ningbo Ningbo
vibrant small household electrical appliance enterprises in China brand market, recently launched another big waves?? Xian Xiang, a small appliance business called the CLS recent successful bid to the well-known enterprises Meiling Group, 100% state-owned property ... ...
Upset small businesses
Chang
Dream of the overall acquisition
Compared to domestic Changhong, Meiling, Ningbo China
TV
Co., Ltd. is a device that can obscure small businesses. Yet it is this unknown
Small appliances
Enterprise, but this month on the 4th of property rights trading center in Hefei Meiling Group held 100% of the public listing of state-owned property to bid at the scene, Meiling Electrical accidents defeated, Sichuan Changhong and other
Home Appliances
Giant.
"Perhaps Meiling and its major shareholder, Sichuan Changhong did not expect, halfway will blaze Ningbo Nightlife The 'Cheng Yaojin'." Some well-known financial media described the incident.
Early as mid-August, had already announced on Meiling, Meiling Group to meet the company's development plan to implement the acquisition and "Meiling" brand management needs to maintain unity, the Board agreed that as the intention of the transferee Meiling participate in the bidding. At that time, the relevant notice has been displayed, Meiling Group will 100% state-owned property (after stripping part of the assets and liabilities) total auction sale of the assets consist primarily of Hefei Meiling Appliances Industry and Trade Co., Ltd., the British Kate Meiling Appliance (Hefei) Co., Ltd., Hefei Electric Co., Ltd., the British Kate 7 100% state-owned stock companies, and the Hefei Meiling Packing Products Co., Ltd. 51.74% state-owned shares. It also includes "Mei Ling" and "Meiling" firm the exclusive right, and "Meiling" in section 11 to all registered class and outside, "Meiling" trademark, and 11 classes, in addition to
Refrigerator
, Freezers,
Air conditioning
Outside "Meiling" trademark right to free use of 24 years.
Industry generally believe that the bid Meiling determined to win, because behind it is actually interested in the overall acquisition Meiling Sichuan Changhong Group.
Ningbo Nightlife: bid aimed at the development of
Washing machine
Colorful Electric Co., Ltd. Ningbo, founded in 2002, is a production of refrigerators, washing machines, appliance-based enterprise, registered capital of 50,000,000 yuan, refrigerators and washing machines per month only 12 000 units, which export products in have.
The company originally in Yinzhou Gulin turnip water port industrial area, but has now moved to Xian Xiang.
Living in Germany, the company's general manager Menghong Gang told the Evening News, the acquisition true, but he stressed that while the bid has been won, but the successful implementation of the bid will be really, have to wait until Hefei, capital next week, the local state authorities.
Menghong Gang, said his company involved in the acquisition, just to realize the advantages of complementary business development is to do a better job of washing machines CLS industry, "Meiling has better name recognition and reputation, which we have bigger washing machine to help the domestic market. "
When asked how much the price of the bid and whether the issue of cost-effective, Menghong Gang did not give a direct answer. Press inquiries found that compared to the previous price, the bid Meiling are bargain-hunting in this.
Hefei Xingtai Holding Group, according to the original release of the "Transfer Notice" has shown that this Meiling Group's 100% owned property (after stripping part of the assets and liabilities) of the transfer of the reserve price has changed from April 2008 to 358 million decline in to the current 111 million.
For related reports
Colorful guess will be successful in this bid in the secondary market through the acquisition of shares in the issue Meiling, Menghong Gang said: "We have not an idea."
Bid for the event reflects the brand of small household electrical appliances in Ningbo pain
Ningbo Nightlife
bid Meiling Group regarding property rights, reminiscent of small household electrical appliance enterprises in Ningbo of some other similar action. Such as the 2005
Cixi
In the share acquisition of Shanghai Double Deer Electric Co., Ltd., 2003 acquisition of Shanghai, Ningbo Huayu heart.
Ningbo Nightlife Dream Acquisition Was Intended To Disrupt The Development Of Changhong Washing
