Easy to speed up the paint industry the main CRC shuffle.docVIP

 PAGE \* MERGEFORMAT 14 Easy to speed up the paint industry the main CRC shuffle Recently, China’s paint industry, from top to bottom than most concern to the United States, Shunde Huarun Paints Valspar’s fourth-largest paint company regarding the acquisition. Purchase a daily basis, why is this different? The main reason is: the acquisition side to the domestic civilian leader in the field of coatings Wood, national paint brands represented. While in October 2005, the World coatings giant Akzo Nobel Coatings company acquired Guangzhou, Thailand and Germany have not been so ‘concerned’ any more. This led to a number of paint coatings business people to China to explore the future development of the holding of the pessimist are holding spectators with them. Before making an argument, we first analyzed. Valspar as a U.S. listed company, in 2003, after China began with the promotion of business cooperation, etc. Carpoly architectural coatings, but have a dismal record over the years. Face of China’s growing coatings market, especially the decoration paint market in itself can not achieve greater development in the acquisition and cooperation have become the best option. Why CRC? 1, CRC have a sound sales channels and networks. Valspar as a foreign-funded enterprises, a no shortage of funds, two no shortage of management, and three no shortage of technology, the only missing is the sales channels and networks. Valspar is a co-operation with Carpoly would like to take channels, but it seems this effect is not good, not good on the acquisition of it, while the CRC happens to the health and integrity of the network known for; 2, CRC enterprises themselves very healthy. There are basically two kinds of acquisitions, one is the acquisition of non-benign enterprises, such as TCL acquired Thomson, a benign enterprise for the acquisition. The acquisition is clearly the latter. Valspar has spent 2.8 million, or 10% of all sales, almost a year’s profits to buy and for