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September 10 2010 23:39 Beijing
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Consolidations and Acquisitions -- Way Out for the Industry?

In the new century, for both large enterprises and fledgling companies, consolidations and acquisitions seem to be the way out of a state of inertia. Buying an established brand gives smaller niche food companies more leverage and eventually makes them attractive enough to be bought by a larger company. Recent examples are Unilever's buyout of Bestfoods and Tsingtao’s big-scale acquisitions.
This action is driven by the need for companies to maintain investors’ confidence, make even bigger profits and boost company shareholders’ confidence, increase competitiveness, as well as to meet consumers’ needs. In the end, this might be the result of the relationship between the growth rate of companies and the demands of customers such as supermarkets and retailers.
What is the future of the food industry? E-commerce is no doubt the trend.
FoodPacific is building an exchange platform for the food industry in order to help benefit most industry players, whether they are transnational conglomerates or small specialised manufacturers. We would like to have your comments and ideas to further improve our service. Please don’t hesitate to contact us.
-- Winnie Wong
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