美力科技斥资收购欧洲“隐形冠军”ACPS 加速全球化布局

Core Viewpoint - Meili Technology (stock code: 300611) announced a significant asset acquisition plan to acquire 100% equity of Dutch company Hitched Holdings 3 B.V. (HH3) through its wholly-owned subsidiary Meili Holding GmbH, marking a strategic move to enhance international presence and competitiveness in the automotive parts industry [1][5] Group 1: Acquisition Details - The acquisition will utilize a "locked box mechanism" for pricing, with a base price of €63.6929 million, subject to adjustments based on the closing date [2] - The funding for the acquisition will come from the company's own funds and self-raised capital [2] - ACPS Group, the target company, is a leading player in high-end automotive trailer hitch systems with nearly 70 years of history and over 200 patents [2][3] Group 2: Strategic Synergies - The acquisition will allow Meili Technology to gain access to ACPS's established channels, core technologies, and the internationally recognized "ORIS" brand, creating multiple synergies [3] - The global automotive industry is transitioning towards smart and electric vehicles, and the acquisition will help Meili Technology enhance its product offerings and move up the value chain [3][4] Group 3: Operational Integration - The integration of production and supply chains is expected to lower costs and improve profit margins, leveraging China's supply chain advantages [4] - Post-acquisition, Meili Technology will inherit ACPS's long-term relationships with major international clients like Volkswagen, Mercedes-Benz, and BMW, significantly shortening the market expansion timeline [4][5] Group 4: Market Positioning - The acquisition is part of Meili Technology's ongoing strategy to expand its international footprint through mergers and acquisitions, aiming to build a global business structure that combines mature markets in Europe and emerging markets in China [5][6] - The growing demand for trailer hitches in China, driven by the rise of self-driving tourism and relaxed trailer policies, positions ACPS's technology and brand advantages to capture market opportunities [6]