Chapter 416: Targeting the Big Landlord Again (First Update)

This time, Xia Yu has a crush on three companies that are very important, namely Dairy Farm Company in the retail department store industry, Gammon Construction in the construction and engineering industry, and Jardine Matheson Automobile Group in the automobile manufacturing and distribution industry.

The Dairy Farm Company, a long-established company, was founded in 1886 by a Scottish doctor and five Chinese businessmen, starting with a farm in Pokfulam, the western district of Hong Kong Island, raising 80 cows imported from England to produce fresh milk.

Then, with the development, the business continued to expand, from the retail of frozen meat, to enter the ice industry, through the acquisition of Jardine Matheson and Swire under the freezer and ice factory, to achieve the first in the field of ice production in Xiangjiang, Xia Yu remembers that the original fishing boat used ice for fishing was produced by the dairy company.

Since then, DFI Farm has gone further and further in the retail industry, partnering with Lane Crawford, a designer of fashion, accessories and fashion boutiques, to establish Ellen Limited, to open Ellen Supermarket in Central, Hong Kong Island, the first supermarket in Hong Kong, and later to open a branch in Chu Shing Building, Causeway Bay, bringing it to five hypermarkets to date.

In addition to supermarkets, there are also 7-Eleven convenience stores.

The brand of 7-Eleven convenience store is owned by the Southern Company of the United States, and it was only allowed to join in 1973, and the Ito-Yokado Company of Japan was the first to join in 1974, and then the Milk Company of Xiangjiang also joined in 1975, and in three years, 20 convenience stores were opened, almost all of which were on Hong Kong Island.

In the previous life, when 7-Eleven convenience stores were in the hands of Nanfang, Nanfang's diversification and expansion failed, causing the company to file for bankruptcy, and then it was bought by Ito-Yokado Company, and then it was out of control until it became a retail giant in a small island country and the world's largest convenience store chain group, breaking into the 127th place of the world's top 500 brands.

It can be said that 7-11 convenience stores are a golden rooster, as long as they are well managed, and then intercept the Hu of the island country Ito-Yokado Company, it is still very likely to become the world's largest convenience store group, and Xia Yu is certainly greedy.

To get back to the point, in addition to supermarkets and convenience stores, Dairy Farm has other retail outlets.

The most famous is Mannings Pharmacy.

Mannings Pharmacy opened its first store in 1972 and has 16 stores so far, providing a comprehensive range of health and beauty products, including health products, skin care products, cosmetics, personal care products, men's products, maternal and child products, women's products, medicines, etc., taking care of the consumer needs of people of different levels and ages, the stores are equipped with professional beauticians, nutritionists and pharmacists, and the products are mainly cosmetics, accounting for 70%, health products, medicines account for 20%, and other categories account for about 10%.

In Hong Kong, in addition to Watsons, a subsidiary of Hutchison Whampoa, it is the strongest Wanning Pharmacy in the field of cosmetics, and with the help of the resources of the Jardine Matheson Foundation, it has the momentum of chasing transcendence.

Of course, now that the Jardine Consortium has become like this, it will be difficult for Mannings Pharmacy to catch up with Watsons.

But if it comes to Xia Yu's hands, there is still a great chance.

In addition to the above three, the dairy company in the field of furniture and furniture, there is also a franchise IKEA furniture supermarket, which was franchised in 1975, and the supermarket is located in Central, Hong Kong Island.

While Dairy Farm is strong in the retail sector, the value of assets in all retail sectors does not account for the majority of the company's assets.

Not to mention the retail industry, even the ice and refrigeration fields that monopolize the milk, ice and frozen meat business in Xiangjiang are only a small head.

The Dairy Farm's greatest value lies in the large amount of priceless land in its hands!

The Dairy Farm Company is actually one of the big landowners in Hong Kong, and owns a large amount of land in Hong Kong, the most prosperous island in Hong Kong, because the lease term of those land is as long as 999 years, which is completely permanent!

There is so much land, which was left a long time ago, and the founder at that time would never have imagined that in the end, the business he developed was not as valuable as the land that he didn't care about at the time.

As we all know, in fields such as milk, ice making, and refrigeration, whether it is a cattle ranch, an ice factory, or a refrigerated ice warehouse, they are all land-swallowing monsters.

A long time ago, Hong Kong was not prosperous, Kowloon and the New Territories were wild, and Hong Kong Island was popular, but the population was too small, and the land was not precious.

It was also at that time that the Dairy Farm Company built a freezer on Ice House Street in Central, Hong Kong Island, and ice factories in Chun Yuen Street in Wan Chai in the northern part of Hong Kong Island, as well as in Causeway Bay and Kwun Tong in Kowloon.

Pastures were also established in Pokfulam in the western part of Hong Kong Island and in Causeway Bay.

The land of the ranch is staggeringly large when you think about it.

With the development of the past hundred years, the central area of Hong Kong Island has become crowded, and according to the course of history, it will expand in the direction of Causeway Bay, and then Pokfulam in the west, until the land is still insufficient in later generations, and land reclamation will have to be reclaimed.

In the future, these sites will be built into the most advanced residential and commercial areas.

It is conceivable that the hidden value of a milk company holding such a large amount of land is too great!

Although Xia Yu won the big landlord of Wharf Group, most of the land of Wharf Group is in Kowloon, even if it is on Hong Kong Island, it is also in the wharf part, which is still less, which is not conducive to the foothold and development of Wharf's real estate business on Hong Kong Island in the future.

But if he swallows the milk company, Xia Yu's real estate empire will have two thick legs.

At that time, he was not only a big landowner in Kowloon, but also one of the big landowners on Hong Kong Island.

Of course, the ideal is beautiful, but it is very difficult to realize it, and Xia Yu needs to plan it well.

After all, the situation of the dairy company is a bit complicated, and it is quite difficult to swallow it.

This is due to the complex shareholding structure of the dairy farm company.

The dairy farm company went public in the 60s, and in 1971, Sir Zhou Qiannian, the head of the Zhou family, one of the old wealthy families in Hong Kong, continued to buy shares and became the chairman of the dairy company.

But in 1972, the Jardine Matheson Consortium set its sights on the Dairy Farm Company, and asked its Landmark Group to come forward and propose to acquire the equity of the Dairy Farm Company, but Zhou Xiannian of course refused, and then the two sides fought, and finally the Jardine Consortium was too strong, and the Dairy Farm Company was taken over, and in 1973, it was fully privatized.

Of course, this incident also became one of the triggers of the stock market crash in 1973, and the Jardine Matheson Consortium also pitted itself.

After Hongkong Land ate the dairy company, John Keswick was not at ease, in order to better control the company, began to cross-holding, after a series of dazzling operations, the shares of the dairy company were dispersed, distributed in the hands of Jardine Group, Jardine Holdings, Jardine Pacific, Landmark Group and other companies.

Therefore, if Xia Yu wants to take all the shares of the dairy company, he still can't get around the Hongkong Land Group.

But for Xia Yu, there are always more ways than difficulties, he has already thought of measures, but it will be relatively troublesome!