For the acquisition of Philips Pentium electrical current bottleneck of the development of small household appliances.docVIP

 PAGE \* MERGEFORMAT 6 For the acquisition of Philips Pentium electrical current bottleneck of the development of small household appliances East west sunrise rain. As a veteran of the global consumer electronics company, Philips gradually withdraw from the side of the display in the Chinese market, mobile phone, color TV and other fields of competition, the right of rental to the brand management of Chinese enterprises, while another actively to strengthen its acquisition Pentium appliances small home appliances business. May 4, ““ China Enterprise Newsgt;gt; Press learned from reliable sources, “Philips will acquire Shanghai-based Pentium Electric Company, to enrich the field of small household electrical appliances in China’s competitiveness.” If the acquisition is completed, will become the France SEB (SEB Group’s acquisition of King of Supor Cookware, China once again the field of cross-border mergers and acquisitions of small household appliances. In recent years, was regarded as “the last piece of Chinese home appliance industry profits cheese” small appliances market, coveted by foreign home appliance giant, and the United States, Glanz, nine yang, ASD and other small domestic appliances business in the market is experiencing the development of new bottleneck: from small to big easy, from big to strong difficult. Philips route through Pentium According to information from the Pentium appliances disclosed in senior management, the financial auditors Philips has entered the company, Group Chairman Liu Jianguo has been announced in the internal meeting, the matter, but the two sides have not yet acquired the content, amount, holding and other details to reach a consensus, negotiations are still in the game period. Small appliances from home appliances to dealer and then to OEM parts suppliers manufacturers, Jianguo eventually started their own brand operation, single-handedly created the Pentium appliances, mainly in lifestyle and personal care