In December, the domestic girl was wrapped like a bear, but the Brazilian girl was a hot bikini.

As soon as Qi Zheng got off the plane, he felt the "enthusiasm" of Brazil.

True: Ice and Fire.

Qi Zheng naturally didn't come to Brazil to admire the girl.

Jiagu International's Zhong Huazhi has been in Brazil for some time.

"At the moment, there are seven participating companies, including us, bidding for Santresa. Our biggest rivals are Bunge, Louis Dreyfus Company and Brazilian energy company Odebreht. Zhong Huazhi reported.

Santrisa, Brazil's second-largest producer of sugar and ethanol, in which Gargok International took a stake at the beginning of the year, had to "sell out" because of the sluggish sugar market and lack of credit.

Brazil is the world's leading exporter and fast-growing market for sugar and sugarcane ethanol. This year, many sugarcane and ethanol mills in Brazil are facing a reshuffle, and major grain merchants are "hunting".

"Bunge again?" Qi Zhengle is happy, what a coincidence.

Zhong Huazhi explained that "Bunge was engaged in the sugar trade three years before us, but the production grew rapidly. It already has three sugar mills in Brazil and continues to use acquisitions to build large-scale sugar and bioenergy production capacity in Brazil, which is a strong complement to its global marketing and trading operations. ”

Qi Zheng flipped through the information and asked, "Bunge's strength in Brazil is not simple, are you sure?"

Zhong Huazhi nodded: "As one of the largest shareholders of Santrysa Company, we don't have much of a problem. ”

After a pause, he continued: "We are also acquiring a sugar company in Brazil, and if we want to buy a lot of land in Brazil to grow soybeans, then we are really not sure at all. ”

Seeing his deeply touched expression, Qi Zheng closed the information: "Oh? ”

Zhong Huazhi sorted out his thoughts and said item by item: "Just briefly understand the main forces of Bunge. It is currently the largest grain exporter in Brazil, with more than 200 grain silos in Brazil, as well as several wholesale centers, grain and oil processing plants, fertilizer plants, feed mills and dedicated terminals. ”

"In the port of Santos, the largest seaport in Brazil, all the grain berths are leased by the four major international grain merchants, led by Bunge, and the second largest port, the port of Paranagua, has three public berths, but the railway to the port of Paranagua is controlled by Bunge. ”

"Bunge Fertilisers is headquartered in Brazil and has a well-established distribution network covering the vast South American regions of Brazil and Argentina. It controls 25% of the country's imports of fertilizers and raw materials for fertilizer production, and has a market share of more than 25% in the retail business in Brazil......"

"You say, with such influence, as a latecomer, how can you challenge Bunge in the Brazilian soybean market?" Zhong Huazhi said.

Fortunately, Jiagu can develop its own soybean base in the Far East, otherwise, Jiagu's soybean industry chain is really mastered by others.

Qi Zheng smiled and said, "Don't be discouraged, maybe one day, these are all ours." ”

Qi Zheng is very confident. After all, even without Kaya, Bunge's dominance in Brazil's grain export market would be gradually eroded by Asian competitors like Decorals.

Zhong Huazhi smiled, only thinking that Qi Zheng was boosting morale, and didn't take it seriously.

......

Returning to the merger and acquisition of Santrisa, as Zhong Huazhi said, Jiagu International has great advantages.

At this time, it can reflect the right to speak in the company first.

Although it only owns 18% of its shares, Kagaya has the initiative.

What is the biggest advantage of Jiagu and Bunge?

"Brazil, as a country rich in resources, has a strong complementarity with China's huge consumer demand. We hope to strengthen cooperation between the two countries in sugar trade through Santrysa......" Qi Zheng told Brazilian officials at a reception hosted by Jiagu International.

If Jiagu is buying and leasing large areas of land in Brazil, and is suspected of plundering resources and encroaching on local farmers' jobs, these officials are probably in a different way.

However, they are happy to see Jiagu International's acquisition of sugar factories and promotion of trade, and they have talked about the "China-Pakistan strategic partnership".

Qi Zheng got the Brazilian official, and Zhong Huazhi got the other shareholders.

Faced with a bidder who is not bad for money, is also a shareholder, and has won the trust of the government, other companies have withdrawn from the competition one after another.

Even Bunge didn't insist on it, of course, Qi Zheng strongly suspected that it was because there were too many merger and acquisition targets, and he didn't want to waste too much energy at all, because Bunge acquired 5 sugar factories in a row.

Because Zhong Huazhi did a lot of work in advance, at the end of December, Jia Gu International finally successfully swallowed Brazil's second-largest sugar and ethanol producer, including its processing plant, warehouses and channels to buy sugar cane.

Just as the four major grain merchants control the soybean industry in South America, they do not buy land to grow crops, but purchase agricultural products from local farmers in the mode of contract farming, and then make a big fuss about logistics, purchase and sales to obtain profits.

Through the acquisition of Santrysa Company, Jiagu International has realized "borrowing ships to go to sea", and while avoiding political and social risks, it has also officially established itself in Brazil, one of the world's breadbaskets.

Well, of course, provided that Jiagu International can absorb Santrisa's nearly $500 million debt, rather than being dragged down by it.

Therefore, after the completion of the merger, Qi Zheng's first request was to increase sugar inventory.

Zhong Huazhi didn't quite understand. Sugar prices are now falling in anticipation of higher production in the new crushing season in Brazil and India. It's easy to buy sugar, but is it a bet on the price of sugar to rise later?

Qi Zheng explained that according to the speculation of the Ministry of Strategy, it is very likely that international sugarcane production next year will not meet expectations, which will push up sugar prices.

Zhong Huazhi was skeptical.

He didn't know that someone never gambled lightly, betting that the price of sugar would enter a bull market cycle next year due to the impact of the climate, and stock up on a wave of goods, at least to make up for the debt hole of Santrisa.

So far, Jiagu Sugar, which has integrated the production capacity of Santrisa, has the largest sugar mill in Australia, the world's major sugar producer, and the second largest sugar mill in Brazil, strengthening its position in the world sugar industry.

M&A is indeed a powerful tool for enterprise expansion, and it only took one year for Jiagu Sugar to become one of the top three in the global sugar industry from scratch.

Of course, the acquisition is cool for a while, and the integrated management is not always cool.

Zhong Huazhi was bitter and happy, and he would continue to stay in Brazil to be responsible for the subsequent integration of Santrysa.

Qi Zheng patted him on the shoulder and said, "Old Zhong, you have to adapt to this rhythm as soon as possible." You see, this year, we started with mergers and acquisitions, and ended with mergers and acquisitions. I estimate that there will be no shortage of such international mergers and acquisitions in the future......"

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