Monday, January 3, 2011

The First National acquisition of Red Lion brand acquisitions in China to build aircraft carrier paint.

<p> 2 22, Fuster Paint Co., Ltd. successfully acquired Red Lion Paint Co., Ltd. Beijing press conference held at the Great Hall. .This is by far the largest of the national brand paint industry M & A action, revitalized the former star of the Beijing Red Lion once again become the business focus of attention. .</ P> <P> <P> <p align="center"> </ p> <p> According to reports, Beijing Red Lion Paint Co., Ltd. is a large comprehensive paint manufacturers, paint from the Queen's Palace of Heavenly Purity .Workshop. .In 1945, Fu Zuoyi founded on this basis, the first paint factory in Peking, called "struggle paint." .After the founding of New China in 1951 reorganized into the state-owned enterprises struggle paint, changed its name to the "New China paint" under the State Administration of Corporate Affairs authority, is China's first batch of key enterprises. .Bright paint, etc. Later in the acquisition of a number of private plant and equipment, expanded the scale of the new China paint, changed its name to "Beijing paint." .1962 registered "Red Lion" brand, the company officially changed its name to Beijing Red Lion paint. .Has for years been rated as the overall strength of the first coatings industry for three consecutive years into the top 500 Chinese enterprises. .</ P> <p> The First Paint (Beijing) Co., Ltd. Guoxiang En said that the process Fuster M Red Lion, Red Lion in maintaining the existing management team, brand image, distributors and other basic unchanged team .on the basis of the Red Lion into the culture, systems and processes. .Fuster has not only been the Red Lion's tangible assets, more importantly, got a treasure trove of talent. .The merger with the industry to realize the powerful combination of advantages, not only make the Red Lion revitalized, but will also achieve new growth Fuster, it paints the whole area of national enterprises to promote technological progress in the revitalization of national paint industry .will play a positive role. .</ P>.

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