Escolar Documentos
Profissional Documentos
Cultura Documentos
History
1833 - C&E Cooper 1900 - Natural Gas 1929 - Cooper-Bessemer 1950s - Developed production expertise as Coo 1957 - Elected Gene Miller as president 1958 - Cyclical downturn 1961 - Robert Cizik as executive assistant for corporate development 1965 - Cooper Industries
History
1967 - Lufkin Rule Company
Tool Group Acquisitions
Change in corporate strategy 1970s - Complementary Development 1975 - Robert Cizik elected as CEO 1980s - Continued Acquisitions and Divestitures 1989 - Purchase of Champion Spark Plug
Acquisitions
Divestitures
Discussion
Business Model
Focus on Growth and Diversification
Acquired more then 60 companies in 30 years Cooperization
Streamline management
Assumption that managers can oversee any kind of business
Value Proposition
Quality
Streamline manufacturing processes
Economic Logic
Focus on Manufacturing
$4.3 billion in annual revenues Manufacturing 2 million items
Strategy
Management Diversification Acquisition Guidelines Corporate Strategy Bottom Up Strategic Planning Management Development & Planning Manufacturing Services Group
Corporate Structure
Senior Vice President of Finance Senior Vice President of Administration Senior Vice President of Manufacturing Services Chairman, President, and CEO
Major Issues
Cyclical Businesses Acquisitions - Before and After Management Development & Planning
Champion
Champion
Trumped $17.50 per share offer by Dana Corp. $21 per share; $825 million offer Champion faced shrinking spark plug market Champion profits had fallen to $24 million; 25 times 1988 EBIT Forbes described Champion as a bloated auto parts maker Champion is manufacturing with 1950s technology
Financial Status
Gross Revenue
Financial Status
Financial Status
Financial Status
1982 - Stock Price 2012 Stock Price 6.09 Usd 63.04 Usd
Financial Status
Current Ratio
Financial Status
Current Assests & Current Liabilities
Financial Status
Free Cash Flow
Financial Status
Cash Flow
Financial Status
Competitor Analysis - EPS
Financial Status
Dividend Yield
Financial Status
Return on Investment
Recommendations