Chapter 374 Acquisition of "Yodafin" Dairy

"I want to buy a dairy company, it doesn't have to be big, but it has to have a good reputation. Mr. Zhong, I still plan to entrust your company to do this, how about it?"

Mergers and acquisitions are not necessarily Zhong Wuzhao's strengths, but he has a deep network of local connections, and the key is that through these days' contacts, Zhong Wuzhao is quite reassuring.

Now Zhong Wuzhao is needed to provide information and matchmaking, and Hu Yang has professionals in this area.

At this time, the clock is rustless, and there is a feeling of being hit by a big red envelope falling from the sky, and he swears to promise that he will never live up to the trust of Populus euphratica.

In addition, Hu Yang intends to establish Huijia Holdings (New Zealand) Company, and the company's procedures are also entrusted to Zhong Wuzh.

He reached an agreement with Zhong Wuzhi on his side, and Chen Jialin also returned to Auckland after the trip.

"Chen Shao, you didn't come in vain this time, did you have a good time?"

Hu Yang glanced at Chen Jialin's dark eyes, as well as the seductive secretary behind him, and said with a smile.

"Ahem, I'm not afraid of affecting your business. By the way, you're done with everything?"

Chen Jialin smiled, but he didn't mind Hu Yang's ridicule. He is such a character, and some things can be known by looking at the secretary who changes like a marquee around him.

"I can't say that everything on my side is done, and there may be some things that need to wait a little longer. In this way, I asked Assistant Lin to apply for the route, and we will return to China in two days. ”

Populus can't stay in New Zealand forever, and buying a dairy company can't be done overnight, so he plans to go back first.

Next.

Hu Yang, Chen Jialin and others went to Queen Street and bought a lot of things. Most of these items belong to local specialties and can be given as gifts when you go back.

"Mr. Hu, let me ask you something, okay?"

At night, Hu Yang was lying in the hotel room reading a book, and Lin Yan walked in quietly.

"Hmm, just say something. ”

Hu Yang put down the book in his hand and looked at Lin Yan who walked to the bed a little strangely.

"Do you really want me to come and work in New Zealand?"

"What do you mean I want you to come to New Zealand? You know I was joking that day. Besides, it's up to you to decide whether to come or not. ”

"Oh, I see, then you can rest, if you need to call me again. ”

Lin Yan smiled slightly, turned around and walked out of Hu Yang's room.

Hu Yang looked at Lin Yan's back blankly, unable to figure out what she meant. After that, he didn't have the heart to read, and soon turned off the lights and went to sleep......

The next day, everyone began to prepare for the return trip. Hu Yang did not leave the hotel either, and made several phone calls in the morning.

"Mr. Hu, you said that you want to acquire a dairy company, and you have eyebrows. ”

Zhong Wuxiang hurried over in the morning, and as soon as he saw Hu Yang, he hurriedly told him the news.

"So fast, Mr. Zhong, I remember that I told you all the conditions for the acquisition target, but it is not what kind of company I will want. ”

Hu Yang felt that Zhong Wurust was a little anxious for quick success, and the acquisition was not a child's play, so he responded when he released the news.

"Mr. Hu, listen to me, I will never dare to fool you. ”

Zhong Wuxiang hurriedly explained, and Hu Yang listened, and his frowning brows gradually relaxed.

According to Zhong Wuzhao, this incident is really a coincidence. The owner of the small ranch that Populus euphratica bought had just returned from abroad. He had already received $3.9 million from Zhong Wurust to his account, so he went to Zhong Wuzhao's company to thank him in person after he returned.

During the casual conversation between the two, Zhong Wurust inadvertently revealed that a customer wanted to buy a high-quality dairy company.

As a result, the original owner of the small ranch sighed, and he had a dairy company that wanted to sell it. However, because Zhong Wuzh's company has never been involved in mergers and acquisitions, he entrusted another brokerage company to help him handle the matter.

It's just that after such a long time, his small ranch has been successfully sold, while his dairy company is unattended.

"Mr. Hu, he is going to sell all the assets in New Zealand and settle in the UK. His dairy company has a history of 30 years, and its quality and reputation are good. However, its dairy company has always been in the European and American markets, and although the market sales are very stable, the total volume is not large, and it has always been tepid. ”

Hu Yang nodded frequently, knowing that the original owner of the small ranch should be an old-fashioned person. He doesn't like to borrow to scale up, and he doesn't have any ambitions. It's better now, just sell all your assets and go to the UK to retire.

According to Zhong Wuzhao, this dairy company called "Udafen", because the owner has no intention to take care of it, the current staff and market sales are only a quarter of what it was in its heyday.

However, the other party's technology, quality control and reputation are good.

Hu Yang lowered his head and flipped through the information brought by Zhong Wurust, but there was no squeak. Lin Yan has already applied for tomorrow's route, but things have changed again.

"It's not far, if it's not far, let's go see it at noon. ”

Hu Yang still decided to take a look first, and then decide on the trip according to the situation.

"The production plant is not far away, and it takes less than an hour to drive. However, the source of milk is very far away, about 180 kilometers away. ”

In fact, the distance of nearly 200 kilometers is not very far, mainly because the time of Populus euphratica is very tight.

As the two spoke, they walked out of the hotel, Hu Yang only took Lin Yan and Li Jie, and the others let them stay in the hotel to move freely.

As for Chen Jialin, he went to the surrounding area early in the morning, and it is estimated that he will not be able to come back until the evening.

"Mr. Zhong, what is the price at which the other party is ready to sell?"

Although the correct judgment can only be made after evaluating the other party's assets, Hu Yang still wants to refer to the other party's offer.

"$45 million for the sale of the entirety, and Yodafen has no foreign debt. ”

As soon as Hu Yang heard it, he understood that the reason why Udafen didn't do much was because of the conservatism of the operator. How can anyone do business in these years without borrowing money from banks? How can there be great development without borrowing and financing?

The subsequent inspection of the factory also confirmed Populus euphratica's speculation. The Udafin's factory is small and the production equipment is somewhat old. However, the management of the factory is very strict, and the remaining employees of the company still have a strong sense of belonging to Udafin.

"Mr. Hu, you're from China? ”

After visiting the factory, the owner of Udafin, who is also the original owner of the small ranch, invited Hu Yang and Zhong Wurust to have afternoon tea together.

"Mr. Kelvin, for me, New Zealand is also a beautiful and distant place. I originally planned to return to China tomorrow, so I will be more direct in some of my words, and I ask for your forgiveness for any inappropriateness.

I feel that the company has lost the momentum of self-development, although I have not visited the company's milk source, but I have a preliminary valuation of your company. That valuation is nowhere near $45 million. ”

Hu Yang's words are not nonsense, he has been investing for so many years, and it is easy to calculate some less complex assets.

According to his estimates, the factory plus the milk source on the farm, plus the technology and brand, the valuation of Yodafinn is worth up to $38 million.

Of course, this is only Populus euphratica's own estimates. When formal acquisition negotiations begin, a rigorous asset appraisal will be conducted.

"Mr. Hu, in such a beautiful afternoon, let's talk less about business. If you are really interested in my dairy company, send someone to negotiate formally. How about a snack, two?"

Kelvin enjoyed afternoon tea in an elegant, but difficult to understand by Populus.

However, in the following time, Hu Yang did not continue to talk about topics related to Yodafin.

In the evening, after Hu Yang returned to the hotel, he went to find Chen Jialin.

"Brother Hu, why don't you stay for a few more days? I will take a direct flight to Xiangjiang, and it is also very convenient to go back to the deep sea. ”

After listening to Populus euphratica's narration, Chen Jialin was a little embarrassed. I've almost gone crazy these days, and as a result, people are busy with work most of the time.

Hey, this Brother Hu is really a person who won't rest.

"The route has already been applied, and it is very troublesome to change it. You can take my business jet tomorrow, I have already called Mr. Xu to send someone over, and they will arrive in Auckland on a Falcon 2000 plane. When the time comes, I'll take this plane back home. ”

Hu Yang decided to leave Lin Yan, Han Wen and Li Jie, and let Mi Qi, Lu Dacheng follow Chen Jialin and others back first.

"Since you've arranged everything, let's do it. ”

Of course, Chen Jialin didn't need to be polite to Hu Yang, and flew to the deep sea with a group of people the next day.

In the afternoon, six employees from Walker arrived in Auckland.

Hu Yang sent Lin Yan and Li Jie to pick up the airport, and when they came to the hotel, they let everyone have a good rest first, and then start negotiations tomorrow.

"Why don't I look like I haven't seen you before?"

With the development of the business, it is difficult to call every employee by name. But he basically had the impression that he was a complete stranger to only one of the six people.

"Mr. Hu, hello. I'm Cao Jianping, and I've just joined the company. I used to work for Wan Loong International and have been involved in international mergers and acquisitions. ”

Bandung International is the core enterprise of Xijiang Bandung, and Cao Jianping is one of the leaders. He came to Yangcheng to apply for a job through Wang Qingquan's introduction, and Xu Younian took a fancy to him at a glance.

"Oh, so you're a connoisseur. Behave well these days, and I'll tell you Mr. Xu when I go back. ”

Below the middle level of the company, the application of employees will not alarm Populus euphratica at all.

In fact, after the collapse of Xijiang Bandung, many employees were favored by major investment institutions, but I didn't expect Wang Qingquan and Xu Younian to be quietly poaching people.

The next day, Hu Yang sat in the hotel, and a negotiation team of six subordinates began to formally negotiate with Udafin.

The negotiation process went much smoother than Hu expected, and the two parties finally agreed to reach a wholly-owned purchase agreement for $36.5 million.

This price is even lower than the previous estimate of Populus euphratica.