Analysis on reasons of China Hi-Tech Group Corporation cross-border MA to Oerlikon's Carding Business Department

摘要

Because of the decline of domestic demographic dividend, textile and garment enterprises are shifting to Southeast Asia and other emerging economies, domestic textile and equipment enterprises are facing the situation of competition between their products and international enterprises. If one company wants to stand out here, it must have the core competitiveness and expand the market. China Hi-Tech Group Corporation. has mastered the advanced technology of nonwovens technology through the merger and acquisition of the carding division of Switzerland's Oerlikon Company, and has expanded the market by combining European technology with Chinese marketing. This paper analyzes the macro situation of the non-woven equipment industry and market before the merger and acquisition, as well as the internal situation of Hi-Tech Heavy Industry Co., Ltd. At the same time this paper analyzes the motivation of the merger and acquisition of enterprises, in order to promote the relevant textile machinery enterprises to think about their own development.