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The Path Value Creation

机译:路径价值创造

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摘要

Despite the level of consolidation already present in the North American paint and coatings value chain, merger and acquisition (M&A) activity continues, and in many cases, serves as a major path toward value creation. Several notable transactions announced at the end of 2012 were finalized in 2013. While deal-making seems to have slowed following this burst of activity, there is a general expectation among industry analysts that both coating formulators and raw material suppliers are pursuing additional opportunities to expand their product and technology portfolios and geographical presence through acquisitions. Therefore, they predict that the number of transactions will be on the increase again starting in the latter part of 2013 and on into 2014.
机译:尽管北美油漆和涂料价值链中已经存在整合水平,但并购(M&A)活动仍在继续,在许多情况下,并购是实现价值创造的主要途径。 2012年底宣布的几笔值得注意的交易已在2013年完成。虽然在这一活动爆发之后交易似乎有所放缓,但行业分析师普遍希望涂料配方设计师和原材料供应商都在寻求更多的扩展机会通过收购获得其产品和技术组合以及地域分布。因此,他们预测交易数量将从2013年下半年开始到2014年再次增加。

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