Suning CEO talks about Gome mergers and acquisitions: I feel relieved.

Source: Internet
Author: User
Keywords Entrepreneurship venture capital entrepreneurial information digging the shell net
In Weimin's view, the acquisition and integration of large, "there are many uncontrollable factors", this and Su Ning's consistent reliance on the development of a prudent strategy does not meet. The more important factor that makes Suning exit is the huge premium.  He also claimed that the "real value of the large and medium-sized stores is only about 600 million to 800 million Yuan", which is too big for the last 3.65 billion yuan purchase price gap. December 18, the Beijing magnetic device at the mouth of the large Chinese electrical appliances have been removed from the closure of the news notice, reopened business. According to staff disclosed that two days will be completed in the handover of the major and Gome, and then officially by the Gome continued after-sales service and take over the official business of large and medium-sized. The news was announced yesterday by many media outlets. The figure is a comparison of the same angle between the two days. The uproar of China's domestic well-known electrical dealers "big medium" Company acquisition of the 12th night to get to the bottom, suning appliance (market share) company issued a notice said that with the acquisition of the termination, after less than two days, gome and large and Medium-sized signed a takeover agreement. 14th 23 o'clock, Gome Electric Company issued a notice that Gome has entered into an acquisition agreement with the shareholders of large and medium-sized electrical appliances, will be 3.6 billion yuan to acquire the total registered capital of China electrical appliances.  China New Society Hair Cheng take Zhang Dazhang ready to "sorry Suning" Weimin This came to Beijing is to participate in a business forum, in an interview, he first opened a year to shrouded in the big buy the veil of events.  Weimin pointed out that the beginning of this year, Su Ning officially launched and large in the acquisition of negotiations, then and Medium-sized proposed an agreement, said if there is a large acquisition of more than suning more than 300 million yuan, Zhang Dazhang will be "sorry Suning", can give up the merger negotiations with Suning. It is understood that the agreement also agreed, Suning will buy 100% of the shares of large and medium electrical appliances, after the completion of the acquisition, "Large and medium" trademarks and signs to suning all, but Zhang Dazhang right in addition to retail and electrical sales in areas other than the use of "big medium" trademarks and signs.  As for the purchase price, it was the rumor that the 3 billion yuan. From the weimin of the story, Suning for the acquisition of the medium is a time. This June, Su Ning developed the "Suning acquisition of large and medium electrical appliances", and actively understand the financial situation in the big. Into the December, Suning Nanjing headquarters began to send people into the big, in Beijing's main stores to carry out preliminary work.  And Weimin said, large and medium-sized electrical appliances this year set up Beijing big China Household Appliances Co., Ltd., but also accepted the suggestion of Suning.  Unfortunately, although the negotiations and future work are very meticulous, but the last Gome quoted more than Suning 600 million yuan, Zhang Dazhang really as he said, can only "sorry suning." Suning in Beijing opened shop plan speed up in the United States after the completion of the acquisition, only from the number of stores, Su Ning faces the competitive situation is urgent. At present, there are 61 stores in the big, which makes Gome have 117 stores in Beijing, far more than Suning's 42 stores in Beijing.  Industry insiders pointed out that this will be the future of Suning shop layout site formation of obstacles, in the long run may have adverse effects. However, Su NinghuaNorth District President Zhijun but not to disagree, he told reporters analysis, with the development of the city, the former storefront will become the burden of gome, "for example, the former shop in the second ring road is very good, but now the customer is less", and Su Ning's number less just become their own advantages, in the future can "and Beijing together development." Although do not admit to have any crisis, but Suning has quickened its own shop pace. Weimin told reporters that Su Ning has made adjustments to the number of open shops in Beijing, the previous plan is 3-5 years to increase to more than 80, and now open shop speed, two years after the Ming will open more than 40 stores in Beijing, "next year to open 20", so that the plan will be completed earlier. (reporter field)
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.