Panasonic bought Sanyo for ¥ 404 billion
A year ago, the Japanese giant Panasonic showed interest in buying Sanyo, and during the year bought up shares in the free market and negotiated with major investors. And yesterday, the takeover process was a success, Reuters reports : Panasonic acquired a 50.19% stake in a competitor. The purchase cost 403.8 billion yen (about $ 4.6 billion).
Already in January, Sanyo (the world's largest manufacturer of lithium-ion batteries, the owner of many patents and know-how) will simply become a subsidiary of Panasonic, and in the battery market will become one independent company. In addition to batteries, Sanyo also produces solar batteries, various electronics, including digital cameras and camcorders, audio and video equipment, and telecommunications devices.
Lithium-ion batteries are a very promising market, especially with the growing popularity of lithium-ion cars (Audi alone orders Sanyo batteries for 15-25 thousand of such cars a year), although almost all old hybrids, like the Toyota Prius, work on outdated NiMH batteries.
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According to analysts Panasonic, by 2018, the market for Li-Ion batteries will expand five times compared with the figures for the current year.
According to RIAN , the companies Panasonic and Sanyo have historically close relations: the two main offices are located in the city of Osaka at a distance of one kilometer from each other; the founder of Sanyo was the younger brother of Konosuke Matsushita’s wife, who founded Panasonic (formerly called Matsushita Electric). The plant, from which the history of Sanyo began, was ceded to Matsushita. However, until now, the two companies have never been bound by common capital.
As a result of their merger, the largest monster is formed with an annual turnover of about ¥ 8,660 billion ($ 98 billion). Among Japanese consumer electronics manufacturers, Hitachi has only comparable figures.
One of the main investors in Sanyo, who acted as a stock seller, was the American financial corporation Goldman Sachs. It is unlikely that Americans are satisfied with this deal, because because of the crisis, Sanyo had to be sold cheaper than experts estimated a year ago, when Panasonic just started plotting its plan. However, in 2009, Sanyo was doing pretty badly, the company was at a loss (- ¥ 37 billion for three quarters) and even had to cut staff.
Already in January, Sanyo (the world's largest manufacturer of lithium-ion batteries, the owner of many patents and know-how) will simply become a subsidiary of Panasonic, and in the battery market will become one independent company. In addition to batteries, Sanyo also produces solar batteries, various electronics, including digital cameras and camcorders, audio and video equipment, and telecommunications devices.
Lithium-ion batteries are a very promising market, especially with the growing popularity of lithium-ion cars (Audi alone orders Sanyo batteries for 15-25 thousand of such cars a year), although almost all old hybrids, like the Toyota Prius, work on outdated NiMH batteries.
')
According to analysts Panasonic, by 2018, the market for Li-Ion batteries will expand five times compared with the figures for the current year.
According to RIAN , the companies Panasonic and Sanyo have historically close relations: the two main offices are located in the city of Osaka at a distance of one kilometer from each other; the founder of Sanyo was the younger brother of Konosuke Matsushita’s wife, who founded Panasonic (formerly called Matsushita Electric). The plant, from which the history of Sanyo began, was ceded to Matsushita. However, until now, the two companies have never been bound by common capital.
As a result of their merger, the largest monster is formed with an annual turnover of about ¥ 8,660 billion ($ 98 billion). Among Japanese consumer electronics manufacturers, Hitachi has only comparable figures.
One of the main investors in Sanyo, who acted as a stock seller, was the American financial corporation Goldman Sachs. It is unlikely that Americans are satisfied with this deal, because because of the crisis, Sanyo had to be sold cheaper than experts estimated a year ago, when Panasonic just started plotting its plan. However, in 2009, Sanyo was doing pretty badly, the company was at a loss (- ¥ 37 billion for three quarters) and even had to cut staff.
Source: https://habr.com/ru/post/77947/
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