ڪيترائي ڪورين جنات شامل آهن $8.3 بلين “HANSSEM گھر جي حصول واري جنگ”. چيني مارڪيٽ سخت زوال ۾ آهي.

The takeover battle for Korea’s largest home furnishing company is heating up.

With the entry of Korean retail giant, LX گروپ, the takeover competition for HANSSEM Home تيز ٿي رهيو آهي. اڳي, ڏکڻ ڪوريا جي Shinsegae ڊپارٽمينٽ اسٽور, Hyundai Livart, Hyundai ڊپارٽمينٽ اسٽور جو هڪ ماتحت, and Korea’s Lotte announced their intention to acquire HANSSEM in conjunction with South Korean private equity firm IMM PrivateEquity (آئي ايم ايم), but with the addition of LXHausys, LX گروپ جي ملڪيت هڪ عمارت سازي جي ڪمپني (هڪ ڀيرو LG جو حصو), ڪوريا جي چوٽيءَ مان هڪ 50 ڪارپوريٽ گروپن, the takeover is expanding. The takeover camp is expanding.

If LX Hausys acquires HANSSEM, the number one company in the interior design and building materials industry, the landscape of the Korean building materials and interior design industry will be shaken up dramatically. The market share of the top players would be recalculated.

According to Korean media sources, LX Hausys held a board meeting on 6 September and announced that it would invest 300 بلين وون (آر ايم بي 1.7 ارب) as a strategic investor in a private equity fund that IMM plans to set up to acquire HANSSEM. بهرحال, حتمي سيڙپڪاري اڃا تائين تصديق نه ڪئي وئي آهي.

لوٽي, Shinsegae and Hyundai Department Store Group have already announced their plans to participate in the acquisition. LX Hausys is considered to have the most competitive advantage given the synergies with HANSSEM’s business.

With the recent divestment of LX Group from LG Group, its business scope has been expanded from traditional building materials to the whole house. Building materials account for approximately 70% LX Hausys جو’ وڪرو, ونڊوز کي ڍڪڻ, دروازا, فرشنگ, پينل, artificial marble and more. The division recorded sales of KRW 659.6 billion in the second quarter of this year, مٿي 25% سال تي سال. LX Hausys وٽ ونڊو درجي ۾ سڀ کان وڏو مارڪيٽ شيئر آھي ڪوريا ۾ ريئل اسٽيٽ منصوبن لاءِ. It also has strength in high value-added product lines such as marble kitchen sinks and PF insulation.

HANSSEM has an overwhelming presence in the Korean retail market, having started with kitchen furniture in 1970 and then interior furniture in 1997, and has now expanded its business to include building materials such as bathrooms, ونڊوز ۽ فرش. It is currently the number one market player in Korea in kitchen furniture and interior furniture. ان جي بنيادي ڊيلرز, quality shops and the number of shops are the most important reasons for attracting the acquirer.

ڪورين ميڊيا جي رپورٽن موجب, HANSSEM has showrooms and oversized experience centers in 15 key locations in the areas of Bangbae-dong, Seocho-gu, Seoul, Nunhyeon-dong, گنگنام- گو, پينگيو-ڊونگ, Daegu and Hanam-si, ڪوريا. HANSSEM products are exclusively available at these locations, as well as 550 online shops for re-house remodeling, 240 kitchen furniture shops and 80 flagship interior design shops.

HANSSEM employs 8,000 people specializing in remodeling and 2,500 in interior design sales. گذريل سال ڪمپني جو وڪرو (267.5 ارب KRW) گذريل سال کان چار ڀيرا وڌيڪ (65 ارب KRW), the highest result since its founding. ان جو آن لائن چينل, the HANSSEM Mall, جيڪا نئين گهرن کي ترتيب ڏيڻ بابت معلومات فراهم ڪري ٿي, moving houses and children’s rooms, has seen positive sales growth since the first quarter of last year. اهو في الحال متوجه آهي 3 ملين گراهڪ هر مهيني.

۾ 2020, its B2C (remodeling and kitchens) division saw a 23% year-on-year increase in sales. ان مان, ٻيهر گهر, which offers total remodeling solutions, وڌي ويو 33.3%. HANSSEM’s kitchen sales for second homes account for 27.5% of total sales by 2020. Together with the 30.6% of online and offline sales from the sale of furniture and home furnishings, the B2C business accounts for 69.1%.

Kitchen and Bath Information based on public data

جي ٻئي چوٿين ۾ 2021, sales and operating profit increased by 9.6% ۽ 22.6% respectively compared to the previous year. Remodeling segment sales increased by 24.6 percent year on year.

Kitchen and Bath Information based on public data

سائيز ۾ واڌ جي باوجود, HANSSEM’s overseas subsidiaries have not been as successful. The sales growth rates of HANSSEM’s US and Chinese subsidiaries have also slowed down each year for the past three years. پوئين سال, sales of the two subsidiaries fell by 10.2% ۽ 3.9% ترتيب سان, while the Chinese subsidiary experienced a double-digit decline. The decline continued in the first and second quarters of this year as well with negative growth of 17.3% ۽ 45.7%.

HANSSEM was already present in China in the early 1990s when it established Beijing HANSSEM Home Products Co Ltd and invested in a cabinet manufacturing plant in Beijing in 1995. It undertakes engineering business and has joined forces with headline companies in the pan-home furnishing industry to develop some engineering projects.

It was found that the shareholder of Beijing HANSSEM Home Products Co Ltd, هنسم (چين) Investment Co Ltd, had increased its registered capital in 2020, but this year Beijing HANSSEM Home Products Co Ltd had a succession of changes in legal representatives, ڊائريڪٽرن, shareholders and other members in February.

It is worth noting that earlier this year there have been media reports that most of the Korean executives of HANSSEM stationed in China have been withdrawn one after another in late 2018 ۽ جلد 2019. Some of the Chinese employees of Chinese origin are looking for their next homes, and some have even already found their next homes. They are only awaiting the arrival of significant redundancy compensation.

اي ايم ايم حاصل ڪرڻ لاءِ اڳ ۾ اعلان ڪيل ڊيل 30.21% حصص ۽ انتظام جا حق مبينا طور تي قابل قدر آهن 1.5 ٽريلين کٽيو (آر ايم بي 8.3 ارب).

IMM Lotte's ۽ LX Hausys جو جائزو وٺندو’ investment and identify a partner as early as mid-September. في الحال, Lotte سرڪاري طور تي اعلان ڪيو آهي ته اهو آهي “شرڪت تي غور ڪندي” ۽ LX Hausys اعلان ڪيو آهي ته اهو سيڙپڪاري ڪندو 300 billion KRW as a strategic investment. Following the completion of the acquisition of HANSSEM, IMM ان کي آن لائن ۽ آف لائن انڊور گهر مارڪيٽ ۾ سڀ کان وڏي آپريٽر ۾ ترقي ڪرڻ جي اميد رکي ٿو.