2014 is the year of global mergers and acquisitions for parts and components industry


In 2014, it was the year of mergers and acquisitions for the global parts and components industry. M&A and restructuring in the industry were surging. In the first half of the year alone, according to incomplete statistics, there were more than 30 auto parts companies globally circulating news of acquisitions or proposed acquisitions, including many funds and large-scale corporate mergers and acquisitions. Among them, there are also six purchases from Chinese parts companies, accounting for nearly one-fifth. In this issue, we will first sort out and summarize the mergers and acquisitions of Chinese parts and components companies in the first half of the year.

The technological change in the automotive industry is an important cause of many corporate mergers and acquisitions. In order to follow the development of new energy vehicles and car networking technologies, many traditional component companies have capitalized themselves into these new fields. Therefore, there are also many cases of "cross-border" acquisitions in the global auto parts industry this year. However, mergers and acquisitions cases in China's parts and components industry still focus on traditional business integration and market scale improvement. This may also objectively reflect the current status of China's auto parts industry.

In the first half of this year, China’s spare parts companies participated in four international acquisitions, namely, China’s first capital to purchase Sertec, a Jaguar Land Rover supplier, with 920 million yuan, and Junsheng Subsidiary, Ira, the assembly line developer, and Zhuzhou New Materials for the era. Acquired ZF's metallurgical rubber business to provide substantial international acquisition of North American auto plastic fuel tanks. The areas covered by these mergers and acquisitions include stampings, exhaust pipe trims, cable products, cast iron cylinders, airbags, seat belts and steering wheels, automotive shock absorbers, and fuel tanks. Among them, the business unit for metal rubber products under ZF's acquisition of Zhuzhou Times New Materials under China South Locomotive is the largest acquisition project for auto parts companies in Europe. The core assets involved in this transaction are the well-known brands of automotive vibration damping systems, with annual global sales of approximately 700 million euros. However, as can be seen from these acquisitions, based on the expansion and supplement of the original business of the company, it is still the mainstream thinking of M&A of local parts and components companies.

The Huayu Automobile holding subsidiary plans to acquire the South China Chemical Co., and Yuchai buys out 49% of Caterpillar's Yuchai remanufacturing company, which is based on the internal resource integration of the company. There is not too much from the acquisition itself. New ideas. Recently, Huayu Automobile again reported the acquisition of a 50% stake in Germany's KSPG Group subsidiary. It is reported that Huayu Automobile will use the acquisition to upgrade its lightweight application technologies for components such as engine blocks and body structures and expand the global business of automotive aluminum castings. Such acquisitions are still the integration of traditional businesses.

Financial capital <br> <br> play an important role in the merger acquisition of six companies in the first half, we can see a lot of private equity funds, investment companies has become an important role in the acquisition of spare parts. For example, in March of this year, the industry’s first capital to be acquired by Sertec, a British component manufacturer, was an investment company that was just established in Hong Kong. It is understood that the company’s main investment is in industrial equipment and biotechnology industries, with a registered capital of 8 One hundred million U.S. dollars. China's largest oil tank manufacturer Yapu Auto Parts Co., Ltd., the controlling party, acquired all the shares of Canadian ABC Group's oil box company and its Gallatin plant in Tennessee, USA, also through its overseas investment and financing platform Rongshi International Holdings Co., Ltd. Completed.

Also in April of this year, China’s private equity company Fangyuan Capital came close to the acquisition of Key Safety Systemes. Fangyuan Capital is headquartered in Shanghai and its management assets are approximately US$2.4 billion. The acquisition of Paramount will become the company's first investment in a company based in the United States.

If we count last year Chunhui Capital acquired the Belgian Bangi automatic transmission company through the fund company, Wande Motor Group Co., Ltd. introduced a certain domestic private equity fund as a shareholder... We will find that these financial capitals with different backgrounds perform in the automotive industry. More and more active. However, it is believed that these companies do not intend to really intervene in the operations of the acquired company, but more to re-integrate the packaging of the acquired company and facilitate re-packaged sales. One thing is certain: Financial capital with more informed information and richer experience in international mergers and acquisitions will play an important role in promoting mergers and acquisitions and joint ventures between local parts and components and international parts and components companies.


Tower Crane Gear

Tower Crane gear mainly including 19/38/99 teeth gear, bevel gear, Tower Crane Sun Gear, and so on, which are the critical parts of the tower crane reducer. 19 teeth gear and 38 teeth gear are connected with two motor shaft repectively, which are connected with 99 teeth gear. The speed is reduced by the transmission of gears.


A bevel gear is a type of gear that has teeth cut on a conical surface. It is commonly used in tower cranes to transmit power between the vertical and horizontal shafts.
In a tower crane, the bevel gear is typically used to change the direction of rotation. The vertical shaft, which is connected to the motor, rotates vertically, while the horizontal shaft, which is connected to the crane's boom, rotates horizontally.
The bevel gear consists of two gears with intersecting axes. The teeth on the gears are cut at an angle, allowing them to mesh smoothly and transmit power. The gear ratio of the bevel gear determines the speed and torque of the rotation.
The bevel gear in a tower crane is designed to withstand heavy loads and provide efficient power transmission. It is usually made of high-strength steel to ensure durability and reliability in demanding crane operations.
Overall, the bevel gear plays a crucial role in the functioning of a tower crane by enabling the transfer of power and changing the direction of rotation between the vertical and horizontal shafts.

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