Globe Union 1 Global Excellence in Providing Kitchen & Bath Solutions
Globe Union 2 Company Profile 公司簡介 Business Model & Strategies 發展策略 Financial Highlights 財務報告 2008 Outlook 未來展望 Content
Globe Union 3 Who we are Profile: 1979 founded 1989 started a factory 1993 move factory to China 2005 listed in SZSE Listed: TSEC (Taiwan) 、 SZSE A Share (China) Products: Faucets(44%) 、 Ceramics (27%) 、 Accessories(9%) Showerheads(7%) 、 Kitchen cabinets(13%). Operation: 10 factories 、 10 marketing companies 、 13 brands 2007 group sales NT$23bn. Global Investments: more than NT$9 bn.
Globe Union 4 Global Business Scope Bath Products 1.Danze (NA) 2.Gerber (NA) 3.Fusion (NA) 4.GUCA (Canada) 5.Arte En Bronce (Mexico) 6.Lenz (German) 7.Milim (China) 8.GoBo (China) Faucet & Accessaries 1.GUSZ (China) 2.GUFY (China) 3. 青島霖弘精密 (China) 4. 青島成霖科技 (China) 5. 慶津五金 (China) 6.Germany 7.Mexico 8.Texas 9.Montreal Ceramics Milim (China) GU Group Channel Manufacturing RO 電解水機 Anderson Tech. (TWN) RO 電解水機 Anderson Tech. (TWN) Kitchen & Bath Products 1.PJH Group (UK) 2.Home Boutique (TWN & China)
Globe Union 5 Group Headcounts North America : 274Europe: 831 Taiwan : 559 China : 7,646 Total headcounts : 9,310
Globe Union 6 Management Team Group Chairman & President Scott Ouyoung
Globe Union 7 Business Model Product Manufacturer Brand/Channel Distributor product ODM Own Brands In-house 57 % 43 %52 % 48 % Outsourcin g
Globe Union 8 GU Global Strategy Mexico Texas Montreal Germany Shandong Shenzhen ( 一 ) 產業鏈的垂直整合 ( 二 ) 全球佈建 : factories GU Local Brand (1993 ~) GU Global Brand (2007~) ( 三 ) 追求市佔率與獲利成長 GU ODM(1979~)
Globe Union 9 GU ODM (1979) HOMEMARK 好美佳
Globe Union GU Local Brands (1993)
Globe Union 11 GU Global Brand – Danze (2007) 資源共享、借力使力
Globe Union 12 Unit:USD mn Sales- GU Group Note: CAGR (2001 ~ 2007) =30.33 %
Globe Union 13 GU Group sales breakdown 100%= US 710 million (2007) North America 49% Europe 44% China 3% Others 4%
Globe Union 年重要子公司佔集團營收 Company% of group sales EuropePJH37% North USA Gerber15% Danze11% Asia HB1.3% GoBo1% Milim0.7%
Globe Union 15 Major M&A History 2003~2007 Acquisition amount more than NT$3bn CompanyCountryYearOwnershipAmountProducts MilimChina %US$9.5mCeramics GerberUSA200380%US$12mplumbing products LenzGerman %US$0.45mplumbing products Home BoutiqueTaiwan200680%NT$470m High quality kitchen,bath, cabinets products Anderson Tech.Taiwan200652%NT$130mwater purifiers PJHUK %NT$2.4bn kitchen, cabinets, bath products
Globe Union 16 Dividend Policy
Globe Union Major CAPEX in China 1.Kitchen Cabinets JV Business NT Home Boutique Expansion NT 220 (Shanghai) 3.Faucets Expansion (Qingdao)NT Milim Ceramics Expansion NT 230 Total 810 Unit:NT$m
Globe Union 18 未來投資 ( 一 ): 成霖與歐洲廠商合資廚櫃工廠 預估投資額 : NT$ 1 億
Globe Union 19 未來投資 ( 二 ): 上海麗舍擴店 預估投資額 : NT$ 2.2 億 Beijing Shanghai
Globe Union 20 未來投資 ( 三 ): 青島水龍頭廠 預估投資額 : NT$ 2.6 億
Globe Union 21 未來投資 ( 四 ): 美林陶瓷擴廠 預估投資額 : NT$ 2.3 億