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Industry | Is the Tuqi upsurge again? In 2019, these mergers and acquisitions are worth

 Last Update: 2021-03-28
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75em; white-space: normal; box-sizing: border-box;">Since 2019, acquisitions in the coatings industry have continued.
In the selection of mergers and acquisitions, the purpose of the enterprise is nothing more than three aspects .

Since 2019, acquisitions in the coatings industry have continued.
In the selection of mergers and acquisitions, the purpose of the enterprise is nothing more than three aspects .
Since 2019, acquisitions in the coatings industry have continued.
In the selection of mergers and acquisitions, the purpose of the enterprise is nothing more than three aspects.
In the selection of mergers and acquisitions, the purpose of the enterprise is nothing more than three aspects .

75em; white-space: normal; box-sizing: border-box;">First, the enterprise is to expand the scale of production and operation, reduce costs, 94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">increase market share, and enhance the strategic position of the industry ;

75em; white-space: normal; box-sizing: border-box;">Second, obtain sufficient and cheap production materials and labor to 94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">enhance the competitiveness of enterprises ;

75em; white-space: normal; box-sizing: border-box;">Third, implement brand management strategies to 94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">increase the visibility of the company in order to obtain excess profits.

First, the enterprise is to expand the scale of production and operation, reduce costs, 94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">increase market share, and enhance the strategic position of the industry ; 94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">increase market share and enhance the strategic position of the industry

Second, obtain sufficient and cheap production materials and labor to 94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">enhance the competitiveness of94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;"> enterprises ; 94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">enhance the competitiveness of enterprises

Third, implement brand management strategies to 94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">increase the visibility of the company in order to obtain excess profits.
94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">Increase the visibility of the company

75em; white-space: normal; box-sizing: border-box;">Since the beginning of this year, coating giants such as PPG, Nippon and Akzo Nobel have all made major moves in mergers and acquisitions.

Since the beginning of this year, coating giants such as PPG, Nippon and Akzo Nobel have all made major moves in mergers and acquisitions.

75em; box-sizing: border-box;">Libang

Nippon Nippon

75em; white-space: normal; box-sizing: border-box;">In May, Nippon Changrun Development officially acquired Jiade Baoman New Technology Materials Co.
, Ltd.
;

75em; white-space: normal; box-sizing: border-box;">In June, Nippon Paint’s parent company acquired Betek, a Turkish paint manufacturer, and nine of its subsidiaries, and used them as subsidiaries

75em; white-space: normal; box-sizing: border-box;">In August, Nippon Paint completed the acquisition of Dulux Group in Australia.
Nippon Paint agreed to acquire Dulux Group at A$9.
80 per share.
The transaction valued the Australian company at A$3.
8 billion.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">purpose:

75em; white-space: normal; box-sizing: border-box;">Establish an absolute position in Asia and accelerate global growth to become a leading company that creates new value.

75em; white-space: normal; box-sizing: border-box;">In May, Nippon Changrun Development officially acquired Jiade Baoman New Technology Materials Co.
, Ltd.
;

75em; white-space: normal; box-sizing: border-box;">In June, Nippon Paint’s parent company acquired Betek, a Turkish paint manufacturer, and nine of its subsidiaries, and used them as subsidiaries

75em;">

75em; white-space: normal; box-sizing: border-box;">94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">purpose:

75em; white-space: normal; box-sizing: border-box;">Establish an absolute position in Asia and accelerate global growth to become a leading company that creates new value.

75em; white-space: normal; box-sizing: border-box;">In May, Nippon Changrun Development officially acquired Jiade Baoman New Technology Materials Co.
, Ltd.
;

75em; white-space: normal; box-sizing: border-box;">In June, Nippon Paint’s parent company acquired Betek, a Turkish paint manufacturer, and nine of its subsidiaries, and used them as subsidiaries

8 billion.

75em; white-space: normal; box-sizing: border-box;">In May, Nippon Changrun Development officially acquired Jiade Baoman New Technology Materials Co.

, Ltd.
;

In May, Nippon Changrun Development officially acquired Jiade Baoman New Technology Materials Co.
, Ltd.

In June, Nippon Paint’s parent company acquired Betek, a Turkish paint manufacturer, and nine of its subsidiaries, and used them as subsidiaries

In August, Nippon Paint completed the acquisition of Dulux Group in Australia.

Nippon Paint agreed to acquire Dulux Group at A$9.
80 per share.
The transaction valued the Australian company at A$3.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">purpose:

75em; white-space: normal; box-sizing: border-box;">Establish an absolute position in Asia and accelerate global growth to become a leading company that creates new value.

75em; white-space: normal; box-sizing: border-box;">94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">purpose:

94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">Purpose:
94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;"> Purpose:94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;"> Purpose:

75em; white-space: normal; box-sizing: border-box;">Establish an absolute position in Asia and accelerate global growth to become a leading company that creates new value.

Establish an absolute position in Asia and accelerate global growth to become a leading company that creates new value.
Absolute position established in Asia Absolute position established in Asia

75em; box-sizing: border-box;">PPG

PPG PPG

75em; white-space: normal; box-sizing: border-box;">In April, PPG completed the acquisition of Hemmelrath, a manufacturer of automotive coatings;

75em; white-space: normal; box-sizing: border-box;">In August, PPG completed the acquisition of Dexmet, a manufacturer of specialty materials.

75em; white-space: normal; box-sizing: border-box;">In October, PPG acquired SEM, a professional manufacturer of automotive refinish paints based in the United States.
On the way of acquiring companies, PPG is also keeping up with the trend.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">purpose:

75em; white-space: normal; box-sizing: border-box;">Expand PPG's research and development capabilities to increase PPG 's market coverage in the aerospace, automotive and industrial coatings business and provide customers with further value.

75em; white-space: normal; box-sizing: border-box;">In April, PPG completed the acquisition of Hemmelrath, a manufacturer of automotive coatings;

75em; white-space: normal; box-sizing: border-box;">In August, PPG completed the acquisition of Dexmet, a manufacturer of specialty materials.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">purpose:

75em; white-space: normal; box-sizing: border-box;">In April, PPG completed the acquisition of Hemmelrath, a manufacturer of automotive coatings;

75em; white-space: normal; box-sizing: border-box;">In August, PPG completed the acquisition of Dexmet, a manufacturer of specialty materials.

75em; white-space: normal; box-sizing: border-box;">In April, PPG completed the acquisition of Hemmelrath, a manufacturer of automotive coatings;

In April, PPG completed the acquisition of Hemmelrath, a manufacturer of automotive coatings;

75em; white-space: normal; box-sizing: border-box;">In August, PPG completed the acquisition of Dexmet, a manufacturer of specialty materials.

In August, PPG completed the acquisition of Dexmet, a manufacturer of specialty materials.

In October, PPG acquired SEM, a professional manufacturer of automotive refinish paints based in the United States.
On the way of acquiring companies, PPG is also keeping up with the trend.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">purpose:

94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">Purpose:
94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);"> Purpose:

Expand PPG's research and development capabilities to increase PPG 's market coverage in the aerospace, automotive and industrial coatings business and provide customers with further value.
In order to increase the market scope of PPG in the aerospace, automotive and industrial coatings business to increase the market scope of PPG in the aerospace, automotive and industrial coatings business, the market scope of the aerospace, automotive and industrial coatings business to provide customers with further value.

75em; box-sizing: border-box;">Akzo Nobel

Akzo Nobel Akzo Nobel

75em; white-space: normal; box-sizing: border-box;">In July, Akzo Nobel announced plans to acquire Mapaero, a French aerospace paint manufacturer.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">purpose:

75em; white-space: normal; box-sizing: border-box;">By combining the expertise of both parties, Akzo Nobel will strengthen Akzo Nobel's global position in the steadily growing aerospace coatings market.

75em; white-space: normal; box-sizing: border-box;">In July, Akzo Nobel announced plans to acquire Mapaero, a French aerospace paint manufacturer.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">purpose:

75em; white-space: normal; box-sizing: border-box;">In July, Akzo Nobel announced plans to acquire Mapaero, a French aerospace paint manufacturer.

In July, Akzo Nobel announced plans to acquire Mapaero, a French aerospace paint manufacturer.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">purpose:

By combining the expertise of both parties, Akzo Nobel will strengthen Akzo Nobel's global position in the steadily growing aerospace coatings market.
It will strengthen Akzo Nobel's global position in the steadily growing aerospace coatings market.
It will strengthen Akzo Nobel's global position in the steadily growing aerospace coatings market.

75em; box-sizing: border-box;">Axalta

Yishi have Yishi too

75em; white-space: normal; box-sizing: border-box;">In September, Axalta stated that it had reached a final acquisition agreement with Capital Paints LLC, a UAE thermosetting powder coating manufacturer specializing in architectural powder coatings.

75em; white-space: normal; box-sizing: border-box;">In October, Axalta announced that it had acquired the production base of the powder coating business in Erkezky, Turkey.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">purpose:

75em; white-space: normal; box-sizing: border-box;">8); font-family: ,SimSun; font-size: 15px; box-sizing: border-box;">Expand Axalta's global powder coating production capacity 8); font-family: ,SimSun; font-size: 15px; text-decoration: underline; box-sizing: border-box;">to consolidate its competitiveness and market share in its field8); font-family: ,SimSun; font-size: 15px; box-sizing: border-box;"> .

75em; white-space: normal; box-sizing: border-box;">In October, Axalta announced that it had acquired the production base of the powder coating business in Erkezky, Turkey.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">purpose:

75em; white-space: normal; box-sizing: border-box;">In October, Axalta announced that it had acquired the production base of the powder coating business in Erkezky, Turkey.

In September, Axalta stated that it had reached a final acquisition agreement with Capital Paints LLC, a UAE thermosetting powder coating manufacturer specializing in architectural powder coatings.

75em; white-space: normal; box-sizing: border-box;">In October, Axalta announced that it had acquired the production base of the powder coating business in Erkezky, Turkey.

In October, Axalta announced that it had acquired the production base of the powder coating business in Erkezky, Turkey.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">purpose:

94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">Purpose:
94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);"> Purpose: Purpose:

8); font-family: ,SimSun; font-size: 15px; box-sizing: border-box;">Expand Axalta's global powder coating production capacity 8); font-family: ,SimSun; font-size: 15px; text-decoration: underline; box-sizing: border-box;">to consolidate its competitiveness and market share in its field8); font-family: ,SimSun; font-size: 15px; box-sizing: border-box;"> .
8); font-family: ,SimSun; font-size: 15px; box-sizing: border-box;">Expand the production capacity of Axalta's global powder coatings 8); font-family: ,SimSun; font-size: 15px; text-decoration: underline; box-sizing: border-box;">to consolidate its competitiveness and market share in its field to consolidate its competitiveness and market share in its field to consolidate its competitiveness and market share in its field 8); font-family: ,SimSun; font-size: 15px; box-sizing: border-box;">.

75em; box-sizing: border-box;">Lomon Bailey

Lomon Burley Lomon Burley

75em; white-space: normal; box-sizing: border-box;">In June, Lomon Baili announced that the company intends to use its own funds of 53.
41 million yuan to acquire a 26.
18% minority stake in Yunnan Metallurgical Xinli Titanium Industry Co.
, Ltd.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">purpose:

75em; white-space: normal; box-sizing: border-box;">After the successful acquisition, Lomon Baili will truly form six major production bases in four provinces and five regions, thoroughly consolidating and enhancing the company's leading position in the titanium dioxide industry .

75em;">

75em; white-space: normal; box-sizing: border-box;">94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">purpose:

In June, Lomon Baili announced that the company intends to use its own funds of 53.
41 million yuan to acquire a 26.
18% minority stake in Yunnan Metallurgical Xinli Titanium Industry Co.
, Ltd.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">purpose:

94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">Purpose:
94); box-sizing: border-box; background-color: rgba(1, 0, 0, 0);"> Purpose:

After the successful acquisition, Lomon Baili will truly form six major production bases in four provinces and five regions, thoroughly consolidating and enhancing the company's leading position in the titanium dioxide industry .
After the successful acquisition, Lomon Baili will truly form six major production bases in four provinces and five regions, thoroughly consolidate and enhance the company's leading position in the titanium dioxide industry, and thoroughly consolidate and enhance the company's leading position in the titanium dioxide industry .

75em; box-sizing: border-box;">Shende Ou (STO)

Shendeou (STO) Shendeou (STO)

75em; white-space: normal; box-sizing: border-box;">In August, Sto Group acquired Unitex Ltd.
of Australia through its subsidiaries.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); font-size: 15px; box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">purpose:

75em; white-space: normal; box-sizing: border-box;">The complementary resources and advantages of the acquisition of Sto Group and Unitex will produce huge synergies in terms of products, markets, supply chain and manufacturing , and will pave the way for Sto Group to enter the core market in Australia.

75em; white-space: normal; box-sizing: border-box;">In August, Sto Group acquired Unitex Ltd.
of Australia through its subsidiaries.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); font-size: 15px; box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">purpose:

75em; white-space: normal; box-sizing: border-box;">In August, Sto Group acquired Unitex Ltd.
of Australia through its subsidiaries.

In August, Sto Group acquired Unitex Ltd.
of Australia through its subsidiaries.

75em;">

75em; white-space: normal; box-sizing: border-box;">94); font-size: 15px; box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">purpose:

94); font-size: 15px; box-sizing: border-box; background-color: rgba(1, 0, 0, 0);">Purpose:
94); font-size: 15px; box-sizing: border-box; background-color: rgba(1, 0, 0, 0);"> Purpose:

The complementary resources and advantages of the acquisition of Sto Group and Unitex will produce huge synergies in terms of products, markets, supply chain and manufacturing , and will pave the way for Sto Group to enter the core market in Australia.
The complementary resources and advantages of the acquisition of Sto Group and Unitex will produce huge synergies in products, markets, supply chains, and manufacturing.
Huge synergies will be generated in products, markets, supply chains, and manufacturing.

, The market, the supply chain, and the manufacturing have a huge synergy effect , which will pave the way for Sto Group to enter the core market of Australia.

75em; white-space: normal; box-sizing: border-box;">8); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">The acquisition of Dayu Leakproof by Sankeshu in January also heralded Sankeshu's formal entry into the waterproofing field;

75em; white-space: normal; box-sizing: border-box;">8); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">In May, Hunan Zhongyu, a shareholding company of Chongqing Sanxia, acquired Hunan Tuqi Zhonghan Hi-Tech, hoping that its products will quickly occupy the market;

75em; white-space: normal; box-sizing: border-box;">8); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">In addition, in January this year, Sika Group acquired Peri Group to increase its business in the field of mortar and waterproofing.

8); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">In addition, in January this year, Sika Group acquired Peri Group to increase its business in the field of mortar and waterproofing.

8); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">The acquisition of Dayu Leakproof by Sankeshu in January also heralded Sankeshu's formal entry into the waterproofing field;

8); font-family: ,SimSun; font-size: 18px; box-sizing: border-box;">In May, Hunan Zhongyu, a shareholding company of Chongqing Sanxia, acquired Hunan Tuqi Zhonghan Hi-Tech, hoping that its products will quickly occupy the market;

75em; box-sizing: border-box;">Thoughts on M&A of Tuqi

Thoughts on the mergers and acquisitions of
paint companies

75em; white-space: normal; box-sizing: border-box;">In recent years, the development of coatings companies can also be described as walking on thin ice.
Behind every enterprise acquisition is a new business goal, even some cross-industry mergers and reorganizations.
In any case, the ultimate goal of mergers and reorganizations between enterprises is to make up for their weaknesses, join forces, and develop together .

75em; white-space: normal; box-sizing: border-box;">8); font-family: ,SimSun; font-size: 15px; box-sizing: border-box;">As far as the current situation in China is concerned, the integration of the Chinese coatings market is the general trend.
Coatings companies must have a clear understanding of mergers and acquisitions that may happen to them at any time, and it is a feasible strategy to join forces with strong companies in a timely manner.
Compared with foreign-funded companies, domestic coating companies still have a certain gap in capital, technology, brand, etc.
8); font-family: ,SimSun; font-size: 15px; box-sizing: border-box;"> , and cooperate with strong domestic companies or foreign-funded companies to strengthen themselves by taking advantage of each other's advantages.
If you always hold on to the idea of being a chicken rather than a oxtail, the market share may become smaller and smaller.

In recent years, the development of coatings companies can also be described as walking on thin ice.
Behind every enterprise acquisition is a new business goal, even some cross-industry mergers and reorganizations.
In any case, the ultimate goal of mergers and reorganizations between enterprises is to make up for their weaknesses, join forces, and develop together .

In recent years, the development of coatings companies can also be described as walking on thin ice.

8); font-family: ,SimSun; font-size: 15px; box-sizing: border-box;">As far as the current situation in China is concerned, the integration of the Chinese coatings market is the general trend.
Coatings companies must have a clear understanding of mergers and acquisitions that may happen to them at any time, and it is a feasible strategy to join forces with strong companies in a timely manner.
Compared with foreign-funded companies, domestic coating companies still have a certain gap in capital, technology, brand, etc.
8); font-family: ,SimSun; font-size: 15px; box-sizing: border-box;"> , and cooperate with strong domestic companies or foreign-funded companies to strengthen themselves by taking advantage of each other's advantages.
If you always hold on to the idea of being a chicken rather than a oxtail, the market share may become smaller and smaller.
8); font-family: ,SimSun; font-size: 15px; box-sizing: border-box;">As far as the current situation in China is concerned, the integration of the Chinese coatings market is the general trend.
Coatings companies must have a clear understanding of mergers and acquisitions that may happen to them at any time, and it is a feasible strategy to join forces with strong companies in a timely manner.

Compared with foreign companies, domestic coating companies still have certain gaps in capital, technology, brand, etc.
Compared with foreign companies, domestic coating companies still have certain gaps in capital, technology, brand, etc.
8); font-family: ,SimSun; font-size: 15px; box-sizing: border-box;">, and are compared with strong domestic companies or foreign companies.
Cooperate and use each other's strengths to strengthen yourself.
If you always hold on to the idea of being a chicken rather than a oxtail, the market share may become smaller and smaller.

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