Sunday, April 10, 2011

2.6 billion Macalline b home round of financing or current turmoil in circulation

     recent years, has been in the national market Last June 19, Macalline announced by the Warburg Pincus Group, CITIC Industrial Fund, Fosun Group, the Bohai Industrial Fund and other joint injection of 2.6 billion yuan. After the injection, the overall scale of financing Macalline reached about 38 billion, which is currently the industry chain of China's biggest domestic private equity financing. Macalline Jianxin, chairman of cars, said the financing will be used to accelerate the pace of opening new stores, accelerated its listing plan, for in 2020 the number reached 200 stores nationwide, and ranks among the world top 500 enterprises.
    hand Shun Carlyle, Morgan Stanley favor of nature, ARCH capital injection of Orient Home, Legend Capital phase Boloni the past few years, home businesses to obtain venture capital on him frequently, Huari or of other household enterprises rely on the power of capital to achieve the listing. This series of capital and domestic industries and enterprises of the
    second tranche of financing, such as field based Jinhua Ping Investment Group, the largest industry fund of RMB funds CITIC, China's largest integrated private enterprise class Fosun Group and China's first RMB fund Bohai Industrial Fund and other institutions. However, the specific content of the agreement, such as the number of investors will own shares in companies, shares what is required to achieve growth targets year after next and so on, did not disclose details to the outside world.
    joint venture means of self built every year, 35 stores, combined with a variety of other business model to accelerate the pace of building new shopping centers, and strive to achieve by 2020 the number of 200 shopping centers nationwide, and ranks among the world top 500 enterprises. That is compared to the current 66 stores, or 3 times the military expansion.
    the same time build a new car outside, said the financing will effectively advance the pace of Macalline listed. In fact, Warburg Pincus received the first investment, the Macalline announced will begin a large-scale expansion, the number of planned store in 2010 to break 80, and in a share listed. Now two years later, launch date has been set. For the listing plan, build a new car, said although no exact date set, but
    Macalline founded in 1986, is the home of China's largest chain of supermarkets. In recent years, Macalline results are more than 20% annual growth rate, the current annual turnover of more than 31.3 billion yuan. According to the market statistics showed that the number of Macalline both stores and business income or business area, the indicators are among the domestic industry first. 66 stores in its home more than 60% of self-stores, the other for the franchise, the company headquarters has absolute control of the power chain.
    It is understood that Warburg Pincus to invest in China as the first one international fund, started in 1995 in China, established a professional team, actively investing in companies with high growth potential and industry leaders persons. Pe and the general difference is that the company, Warburg Pincus Growth enterprises pay more attention to, rather than seeking to profit from or control of the company.
    home business potential for capital is the first time involved in home industries. Previously, most of the CITIC Industrial Investment Fund sights financial, consumer, raw materials and machinery manufacturing, and Fosun Group mainly for pharmaceutical, real estate development, steel, mining and retail services, Bohai Industrial Investment Fund is good in the steel equipment , finance, automobile, and other areas of Denver. To accomplish something in the area of ​​the three major traditional investment fund pulled home industry, not only the strength of Meikailong, more importantly, is in rapid development of domestic industry,vibram 5 fingers, a lot of exploring space.
    According to incomplete statistics, China's current domestic industry's overall output value reached 1 trillion yuan, the scale comparable to the real estate, cars, home appliances and other pillar industries. With the urbanization of China caused a rapid increase in new housing area, and usher in a new look transformation of housing stock surge, soaring home improvement needs, thus promoting the domestic industry output at an annual rate of nearly 20% increase. Among them, the home building materials distribution channels based on the annual turnover rate of 29.3% per year growth. In the eyes of investors, domestic industry has been showing annual output value is greater than the trend in home appliance industry,mac makeup wholesale, the profitability of domestic distribution companies should be more than the most prosperous in recent years, even stronger appliance stores, and Gome, Suning, and other giants already in the capital markets for many years, domestic circulation enterprises to catch up with them, must flex its muscles in the capital market.
    In fact, over the past dozen or two decades, the overall value of domestic industry has been and is not too low, but the capital market has not caused concern. The reason is mainly due to the domestic industry is great, but such a mess, the annual output value of several million SMEs in carving up a dish, which is difficult to find the best. After nearly 10 years of development, home industry, there have been a leader in the enterprise. It is these companies to attract the attention of capital.
    according chinaventure statistics, at present, total investment in home building materials industry, since more than 50 cases, involving an investment amount of nearly 15 billion U.S. dollars. Which already listed enterprises in the industry and the minds of consumers has been very famous, such as the Power Dekor parent and large sub-plate Daya technology Markor, Carolina textile,mac makeup, textile Anna Fu, Yi Hua Wood, SITA Wood, Jilinsengong, hawks ceramic, seagull bathroom, a good century home, etc.; is ready to be listed, such as Meikailong, Jinsheng homes,mac brushes, natural flooring, Boloni and so on. These enterprises not in a home industry in their respective fields of the leading enterprises have the right to speak.
    industry from the perspective of the development of home building materials, home is an integral part of daily life of consumer goods, which determines the industry is bound to be a enduring industry. The past 10 years, China's domestic industry has gone through the first period of rapid development. The next 5 to 10 years, the amount of projected demand will be 10% per year increase rate of 15%. This period is characterized not only in quantitative expansion, but also in quality improvement.
    domestic circulation or current turmoil

    used for the flow of information Macalline been building stores, industry analysis, Macalline successful After injection of 2.6 billion yuan will advance to a certain extent, the pace of industry consolidation. In the present, active
    It seems that the aggressive expansion on the one hand the channel brand suppliers will create innovation. It is noteworthy that, despite the Warburg Pincus intends to fight the domestic industry Meikailong responsible for the procurement of store supply business, which is
    Yibing Wu, president of CITIC Industrial Investment Fund, said: important reasons. Macalline all its stores since the purchase of the land, self-built property, independent design, independent operation, unified management, is typical of commercial real estate business model. So far, no sale Macalline owned property. Therefore, the benefits not only the chain Macalline rental income, as well as real estate value-added benefits. It is reported that Warburg Pincus for many years in the Chinese market investments are mostly associated with commercial real estate retail chain, China's real estate market is very interested. Analysis of the industry, Warburg Pincus is so beloved Macalline, more value-added real estate value Macalline.
    is obvious that the continuous large-scale expansion of chain stores at home, is probably the most influential channel for small and medium sized home. Recent years, with the exception of large expansion of chain stores at home, making a number of channels for small and medium domestic pressure to survive in the market continue to increase, even more small living space. The 2010 expansion of the major chain stores are the same as the original channel in the small home doubly not yet healed, when turmoil in the area of ​​home building materials in circulation will gradually appear.