| With the strategic layout of the national transportation as well as the "Along the way" of the major transport strategy,more and more domestic transport companies to seek further development through mergers and acquisitions and other ways.Although the growth of enterprises can compete for market share and business portfolio optimization,but the growth of enterprises through mergers and acquisitions in the industry to promote the growth of the performance of enterprises and the market value of the increase in the listing Corporation.What the relevance of enterprise growth and M&A integration? How to achieve the smooth realization of “M&A-Integration-Development” path,? With the advantages of scale and intensification,the integration of resources and synergies,to find the M&A target,and asset restructuring and divestiture,to achieve assets collaborative efficiency.By combining the documentation research and case analysis,the article drawing on the theory and research results in the two fields of M&A and enterprise growth.First,the paper describes and analyzes the basic situation,business conditions and development strategy of the parent company and the two sides base on the literature review and the definition of the concept,and introduces the operating conditions and process of M&A of two sides,the concrete scheme of this M & A case and the results of its implementation.Secondly,the paper explores purpose of mergers from two side,and introduces a series of integrated measures after M & a,and analyzes the growth in many aspects according to the case.And then analyzes the key factors to the growth of the growth to find out the fundamental source of growth.Finally,from the result of the A corporation merger the QY group in this case,the merger has achieved stage results,and achieve M&A-Integration-Development,and to seize the market,as well as to obtain comparative competitive advantageIn summary,base on the operating characteristics of the road transport industry,case to state-owned listed companies as the background,through mergers and acquisitions restructuring and mergers and acquisitions to achieve financial and personnel synergistic effect to solve M & A transactions have certain reference. |