Beer market mergers and acquisitions intensified, affecting beer bottle packaging companies
According to Li Baojun, Chairman of Susette Commercial Data Co., Ltd., there have been more than 80 acquisitions, mergers, and share participations in the domestic beer market since 2001, which averaged 9 cases per year. This is due to the economic recovery and this year's acquisitions For frequent. According to statistics, there are currently only 8 domestic small and medium-sized local beer companies, and there are fewer and fewer corporate resources available for the acquisition of giants. After entering 2011, the speed of mergers and acquisitions will inevitably slow down.
The M&A in the downstream market has also had a huge impact on the beer bottle packaging market. The pricing power of beer bottles is more controlled by the downstream giants. For beer bottle companies, they will gradually move towards mergers and acquisitions. Some small companies will eventually be eliminated from the beer bottle market because they cannot achieve a certain scale and productivity.
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