A Case Study Of TMT Merging BOGE

Overseas acquisitions are an important way for domestic companies to acquire technology and brands and succeed in the world.TMT is the railway industry leading enterprises,through M&A German auto parts company BOGE,quickly becoming a world-class auto parts suppliers,promote the internationalization of its change.The analysis of the case study will be theoretical and practical.The thesis is divided into five parts.The first part expounds the research background and research significance of this article,It comprehensively introduced the existing theories and status of M&A both at home and abroad,and summarized briefly.The second part is the specific introduction to the case of TMT acquisition of BOGE,It mainly included the basic situation,the merger motivation,and the process of M&A,and the process of preliminary integration.The third part is analysis of the results of this M&A,including analysis of the competitive strength after M&A,the analysis of M&A benefit and the synergistic effect.The fourth part is the acquisition of experience and revelation,It analyzed the successful experience and the reasons,and give the revelation and reference.The fifth part is a summary of the full text,highlighting the central points and drawing the main conclusions.In this paper,using the case method,take TMT acquisition of BOGE case as a sample,using dynamic perspective,discusses the process of strategy evolution and capital operation.In terms of integration,this thesis puts forward the idea of expanding burgeoning market share and improving synergies by maintaining the technology and brand advantage of overseas enterprises.This viewpoint is a reference to the improvement of state-owned enterprise reform and the guidance of state-owned enterprises overseas M&A.Research shows that internationalization is an effective way to reform state-owned enterprises.Through M&A,acquisition technology,brand and well-run foreign companies,with foreign advanced management mode to promote internal change,produce synergies,improve state-owned enterprises low operating efficiency,lack of technology and brand problems,so that the competitiveness of the state-owned enterprises get rapid increase.