Recently, it was widely reported that ZF Friedrichshafen AG had initiated an acquisition of TRW Automotive Holdings Corp. Suddenly hearing this news, Xiao Bian was directly shocked. Both companies are famous in the industry. If this is “togetherâ€, it’s also a “giantâ€. The mainland group is facing it. Have to give up the position of second child. Bosch, China, and ZF after the acquisition of TRW, the German tank let us see its strength in the automotive components, but also let us see its ambition.
Layout driverless
Recalling that at the end of 2007, the financial crisis began to spread and the global economy was in recession. Continental Group acquired Siemens VDO Automotive Co., Ltd., a subsidiary of Siemens, for 11.4 billion euros. This is the largest merger and acquisition case ever made by the auto parts industry. It ranks among the top five auto parts suppliers in the world and lays a solid foundation for its subsequent development.
Back to now, in 2014, the global auto market gradually recovered. At this time, ZF’s merger and acquisition of Tianhe undoubtedly made preparations for its next development. If the successful acquisition of TRW, ZF's product share of driveline and chassis specialists will expand to airbags, crash sensors and other electronic products that may be used in autopilot related equipment, and various technologies for autopilot are currently booming. . The increase in safety requirements and the increase in demand for driver assistance systems such as adaptive cruise control have increased the proportion of electronic products in automobiles. According to the forecast of the German industry think tank Automotive Management Center (CAM), the market size of the global driver assistance system will increase by nearly five times by the end of this decade (2011 to 2020).
Some analysts believe that it is too early to discuss whether ZF's deal with SkyTeam can be reached, but the two companies do have complementary product lines. Given that electronic assistive technologies for driving systems and self-driving cars are gradually heating up, the combination of technical expertise may create a strong automotive supplier.
Opening the new wave of M&A
According to the analysis of the automotive investment bank staff, due to the huge scale of the acquisition of TRW, the price paid by the company is too expensive. The mainland, Bosch, Delphi and Magna are not very likely to participate in bidding. However, according to an anonymous source, if ZF and SkyTeam implement a merger, the antitrust agency may prompt the two companies to divested assets of the system business. The eyes of these giants are likely to focus on being stripped businesses.
In addition, this acquisition will certainly have an inestimable impact on the entire industry of auto parts and components. Companies in the same industry must cooperate with one another in order to survive or benefit. After all, from ancient times to the present, vertical and horizontal connections have become effective means of fighting against powerful opponents.
Fry Baskets made from sturdy food grade stainless steel, this frying basket is ideal for presenting food to your family or guests. Great to control portion sizes and would be Ideal for cafe, lounge, restaurant or your home while practical tableware, very unique.Shaped like a frying basket & made with sturdy stainless steel.
Great for place french fries, fried chicken, chicken fillet, fried fish and other snacks.
Fry Baskets,Steel Fryer Basket,Steel Wire Basket,Stainless Steel Frying Baske
Huiye Hardware & Electrical Equipment Company Ltd. , https://www.jmhuiyehardware.com