Changhai to Acquire 30% Tianma Group Equity at a Cost of $7.8 Million USD

july 16 2012

Changhai plans to inject $7.8 million USD into Changzhou Tianma Group to obtain 30% Tianma stakes. Tianma has a registered capital of $5 millions USD. The main products are glass fibers and the chemical raw materials needed for the production. Since the second half of 2007, Tianma made a series of major investments. This caused the shortage in cash flows and brought enormous pressure on its operation. Changhai and Tianma both are in fiberglass products industry, and located in the same area. This acquisition will expand the scale of the company, increase product variety, improve product structure, optimize the allocation of resources, give full play to the synergies, and will integrate customer channels.

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Market Research Reports

Aerospace & Defense [52]
Chemical [263]
Composites & Advanced Materials [167]
Construction & Industrial [72]
Consumer and Retail [142]
Economic Analysis [86]
Energy & Utility [73]
Finance & Services [10]
Healthcare [79]
Media & Entertainment [16]
Metals & Mining [17]
Technology & Telecommunication [164]
Transportation [141]

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

Quick Query

Lucintel Insights in News

Follow us on