惠而浦拟收购控股股东洗衣机业务相关资产 解决同业竞争问题

Core Viewpoint - Whirlpool (China) Co., Ltd. plans to acquire washing machine-related assets from its controlling shareholder, Guangdong Galanz Home Appliances Manufacturing Co., Ltd., for 74.6193 million yuan, which includes fixed assets, patents, proprietary technologies, and products [2][3] Group 1: Transaction Details - The acquisition includes a trademark licensing agreement, allowing Whirlpool to use the washing machine-related trademarks globally, which mitigates brand dilution risks and provides legal assurance for market resource integration [2] - As of December 2, the book value of Galanz's washing machine asset group was 74.4309 million yuan, with an assessed value of 74.6193 million yuan, resulting in an assessed increment of 188,400 yuan and an increment rate of 0.25% [3] - Whirlpool's cash reserves for the first three quarters of this year amounted to 1.699 billion yuan, providing sufficient liquidity support for the transaction [3] Group 2: Strategic Implications - Following the asset acquisition, Galanz and its actual controllers will cease production and sales of washing machines, eliminating substantial competition between Galanz and Whirlpool [3] - The acquisition model allows Whirlpool to avoid the dilution effects of equity financing while optimizing its asset structure [3] - Post-acquisition, Whirlpool is expected to integrate Galanz's production equipment, R&D patents, and technical reserves in the washing machine sector, enhancing its product matrix and leveraging its existing high-end manufacturing experience and global channels for upgrades in smart and energy-efficient products [3]