With the evolution of the market, and became one of the principal means for the development of enterprise capital operation, including merger and purchase one of the most important ways, the merger of large enterprises by other enterprises, achieving size and sales growth. Data show that the capital operation of the development of positive relations with the global economy, the Internet crisis, global merger and purchase the significant drop in the amount involved, but with the development of the economy, merger and purchase total amount and then gradually rise until the subprime crisis happened and makes this trend downward. But it can be foreseen that during the slow recovery of the global economy, and the pace of mergers and acquisitions will increase again.
Global industry analysis of merger and purchase
Industry is one of the basic industries of the global economy, while the industry's merger and purchase by the impact of the financial crisis, but particularly evident feature is not affected by the economy, and reached a peak in 2007, the total amount of 3 50 billion dollars, for the record. After the subprime mortgage crisis, industrial merger to buy despite the decline, but total and percentage of mergers and acquisitions has improved, close to 12%, to record levels.
Clearly, mergers and buy industrial enterprises pay more attention to, and enterprises to carry out merger and purchase of accelerating, suggesting that scale has become the main direction of development. At the time of analysis, there is a very important dimension is the market concentration, which in mature industries and markets, the industry's top three generally occupy a market share of 70%~80% (this balance breaks, the emergence of innovation, or is a new revolutionary technology, or changes in demand). Top six 2009 global construction machinery enterprises have accounted for 54% sales. Future participation in competitive businesses must pass the size advantage gradually get front seats, resulting in steady revenues and profits, and to become the final winner, merger and purchase has been one of the inevitable choice for winning.