China's dairy industry is racing against time. Before the foreign dairy industry was surrounded, it completed the industrial layout through overseas mergers and acquisitions. After the melamine incident, foreign brands flocked to the Chinese market. Local dairy sales suffered “frozen,†while the price of “foreign milk powder†rose all the way. With the gradual recovery of domestic dairy enterprises and the implementation of an internationalization strategy, overseas mergers and acquisitions have become a new strategy for regaining lost territory.
Dairy companies have used overseas acquisitions to open up high-margin doors and achieve rapid business upgrades.
The surging capital power "China's dairy industry capital market has been large enough, but now the domestic market is basically the world of imported milk powder. If you do not want to be controlled by foreign parties, overseas mergers and acquisitions is undoubtedly the best way to avoid the introduction of imported milk. The risk brought by prices.†In the eyes of industry expert Wang Dingmian, China's dairy industry has gradually entered the world's dairy industry, but it is not strong enough. The lack of quality milk has also become a shortcoming that hinders its development.
In fact, the Chinese dairy industry is not short of money. After the listing of Guangming, Mengniu, Yili and Sanyuan, Yashili also entered the capital market last year. According to incomplete statistics, there are more than a dozen domestic dairy companies listed in the Mainland, Hong Kong, and overseas through different channels. At the beginning of this year, Tianyou Dairy again reported that it would strive to list and raise funds on the A-share main board market next year.
According to industry experts, in the fourth quarter of last year, the output of dairy products increased by 14.6% year-on-year, and sales revenue increased by 19.9% ​​year-on-year. With the restoration of consumer confidence and the promotion of consumption upgrades, it is expected that the industry's revenue growth will exceed 20% this year.
The accumulation of uncovered capital for overseas mergers and acquisitions has already taken shape, and dairy companies have also accelerated their pace of expansion.
“As far as the construction of milk resources is concerned, the overseas mergers and acquisitions of China's dairy industry have on the one hand expanded the quality of milk sources and on the other hand facilitated access to the international milk market.†A person in charge of Bright Dairy told the reporter that Bright Dairy is fully realized. Internationalization strategy will also take action.
On July 18 last year, Bright Dairy subscribed New Zealand's Synlait Milk Co., Ltd. to add more than 26 million new common shares and acquired a 51% stake in New Zealand. At this point, Bright Dairy completed the first overseas merger of domestic dairy companies.
Brightness is merely a microcosm of overseas mergers and acquisitions of domestic dairy companies. Earlier media reports said that Yili intends to use overseas milk sources, targeting a production base in New Zealand's South Island. If it does, it will be the first domestic company to propose the acquisition of a dairy base in New Zealand. Although this matter was denied by Yili, domestic companies eager to acquire overseas dairy assets will indeed become a trend.
At the same time, Zhang Lijun, chairman of Yashili Group’s chairman, also revealed that he hopes to make some moves in the overseas market this year.
In recent years, there have been increasing cases of overseas mergers and acquisitions by Chinese companies. Wang Dingmian said that dairy companies adopted overseas mergers and acquisitions to open up a high-profits door for companies to achieve rapid business upgrades. The gradual internationalization of product R&D, milk source construction, and market expansion will lead China's dairy industry to go further on the world stage.
The internationalization of milk sources It is understood that although imported milk powder is currently facing upward pressure, due to the free trade agreement, New Zealand imported milk powder costs 1,000 yuan less per ton than domestic milk powder, and can establish milk bases overseas. , Has become a domestic milk company to obtain high-quality milk, while reducing the cost of raw milk procurement breakthrough approach.
Zhong Lai Securities analyst Zhang Lei believes that after the pattern of China's dairy products market experienced shocks, Yili, Mengniu and other companies have increased milk production capacity in areas with advantages, taking the opportunity to further increase market share. Establishing overseas bases for high-quality milk sources will also promote the formation of an integrated international production chain.
Earlier this year, Tianyou Dairy announced in a high profile that it would invest approximately RMB 300 million to build a high-end milk base and production line in New Zealand, mainly producing Baxter’s latest high-end milk. Before this, Wahaha had already produced its own high-end products in the Netherlands.
In order to open the door to the international market, Yashili has already begun production of milk powder foundry products in the United States, which is also considered an attempt at overseas production.
Wang Dingmian believes that although China is the third largest dairy producer in the world, it is considered that the establishment of overseas dairy bases and sales from abroad is considered a rapid development of dairy enterprises for domestic dairy companies that want to occupy high-end formula milk powder. shortcut.
Dairy companies have used overseas acquisitions to open up high-margin doors and achieve rapid business upgrades.
The surging capital power "China's dairy industry capital market has been large enough, but now the domestic market is basically the world of imported milk powder. If you do not want to be controlled by foreign parties, overseas mergers and acquisitions is undoubtedly the best way to avoid the introduction of imported milk. The risk brought by prices.†In the eyes of industry expert Wang Dingmian, China's dairy industry has gradually entered the world's dairy industry, but it is not strong enough. The lack of quality milk has also become a shortcoming that hinders its development.
In fact, the Chinese dairy industry is not short of money. After the listing of Guangming, Mengniu, Yili and Sanyuan, Yashili also entered the capital market last year. According to incomplete statistics, there are more than a dozen domestic dairy companies listed in the Mainland, Hong Kong, and overseas through different channels. At the beginning of this year, Tianyou Dairy again reported that it would strive to list and raise funds on the A-share main board market next year.
According to industry experts, in the fourth quarter of last year, the output of dairy products increased by 14.6% year-on-year, and sales revenue increased by 19.9% ​​year-on-year. With the restoration of consumer confidence and the promotion of consumption upgrades, it is expected that the industry's revenue growth will exceed 20% this year.
The accumulation of uncovered capital for overseas mergers and acquisitions has already taken shape, and dairy companies have also accelerated their pace of expansion.
“As far as the construction of milk resources is concerned, the overseas mergers and acquisitions of China's dairy industry have on the one hand expanded the quality of milk sources and on the other hand facilitated access to the international milk market.†A person in charge of Bright Dairy told the reporter that Bright Dairy is fully realized. Internationalization strategy will also take action.
On July 18 last year, Bright Dairy subscribed New Zealand's Synlait Milk Co., Ltd. to add more than 26 million new common shares and acquired a 51% stake in New Zealand. At this point, Bright Dairy completed the first overseas merger of domestic dairy companies.
Brightness is merely a microcosm of overseas mergers and acquisitions of domestic dairy companies. Earlier media reports said that Yili intends to use overseas milk sources, targeting a production base in New Zealand's South Island. If it does, it will be the first domestic company to propose the acquisition of a dairy base in New Zealand. Although this matter was denied by Yili, domestic companies eager to acquire overseas dairy assets will indeed become a trend.
At the same time, Zhang Lijun, chairman of Yashili Group’s chairman, also revealed that he hopes to make some moves in the overseas market this year.
In recent years, there have been increasing cases of overseas mergers and acquisitions by Chinese companies. Wang Dingmian said that dairy companies adopted overseas mergers and acquisitions to open up a high-profits door for companies to achieve rapid business upgrades. The gradual internationalization of product R&D, milk source construction, and market expansion will lead China's dairy industry to go further on the world stage.
The internationalization of milk sources It is understood that although imported milk powder is currently facing upward pressure, due to the free trade agreement, New Zealand imported milk powder costs 1,000 yuan less per ton than domestic milk powder, and can establish milk bases overseas. , Has become a domestic milk company to obtain high-quality milk, while reducing the cost of raw milk procurement breakthrough approach.
Zhong Lai Securities analyst Zhang Lei believes that after the pattern of China's dairy products market experienced shocks, Yili, Mengniu and other companies have increased milk production capacity in areas with advantages, taking the opportunity to further increase market share. Establishing overseas bases for high-quality milk sources will also promote the formation of an integrated international production chain.
Earlier this year, Tianyou Dairy announced in a high profile that it would invest approximately RMB 300 million to build a high-end milk base and production line in New Zealand, mainly producing Baxter’s latest high-end milk. Before this, Wahaha had already produced its own high-end products in the Netherlands.
In order to open the door to the international market, Yashili has already begun production of milk powder foundry products in the United States, which is also considered an attempt at overseas production.
Wang Dingmian believes that although China is the third largest dairy producer in the world, it is considered that the establishment of overseas dairy bases and sales from abroad is considered a rapid development of dairy enterprises for domestic dairy companies that want to occupy high-end formula milk powder. shortcut.
Folding Wheelchair For The Old , Portable Folding Wheelchair For The Disabled,Portable Electric Wheelchair For Disability
jinan Fangqi Sunshine education consulting CO.,LTD. , https://www.fzrehabmarket.com