Chapter 1478 - Who to Buy?
Wang Chuanfu's speed was very fast, Boss Jia gave him three days, but the next day, he was looking for it, but his eyes were red, his eyes were bloodshot, and he obviously hadn't slept for a day.
In fact, Wang Chuanfu hasn't slept for almost 4 days, and he is being tossed by the car-making thing.
"Have you thought about it?" Boss Jia asked.
"Yes, chairman, this is the list I have drawn up!" Wang Chuanfu handed a list to Boss Jia, who took a look at it and found that there were only five names on the list.
"Why these 3?" Boss Jia asked curiously.
"Because I asked someone to inquire, among the world's major car brands, there are only three companies that currently have the possibility of being sold, and also have the ability to build cars independently, a large number of engineers, and related patents."
"Only by buying one of these three families will we be able to have the ability to build a car in a short period of time!" Wang Chuanfu said a little tiredly.
"Then you introduce them one by one and tell us what you think!"
"Yes, Volvo first! This is the most recommended acquisition for me, and it is also the most suitable business for us! Wang Chuanfu said excitedly, "Volvo is a company created in Sweden, known for its safety all over the world, the world's first company to invent child safety seats, and also has a lot of original patented technologies in safety, and is currently one of the world's top 20 car brands!" β
"Volvo has everything we need, with a large number of patents in safety, with a complete set of car production lines, with a large number of skilled functions and professional engineers, and according to a friend of mine, Volvo actually started the research and development of electric vehicles last year, and they have a certain amount of technology accumulation in electric vehicles."
"Finally, and most importantly, the Volvo Group also has the intention of selling Volvo Cars, and they are taking the initiative to contact the world's major car manufacturers to try to sell Volvo Cars!"
"As far as I know, the reason why the Volvo Group is selling Volvo Cars is because the majority shareholders of the company have an economic crisis and they are in dire need of cash to tide over the crisis, so they have the idea of selling Volvo Cars. So they won't ask too much for the buyer, they just need to give the money and they will sell the Volvo! β
"And now, there are already Volkswagen Group, Ford Group, BMW AG, etc., are in contact with Volvo. If you're interested in Volvo, this is the best opportunity! Wang Chuanfu's eyes lit up, and he had an expression that he couldn't wait to swallow the Volvo right now.
"Why is Volvo's major shareholder short of funds?" Boss Jia asked curiously.
"I heard that there was a huge loss in the GG investment, and the only way to fill the financial hole was to sell Volvo!" Wang Chuanfu said.
"Uh......" Boss Jia paused, he couldn't imagine that the culprit of this matter was actually himself.
However, Volvo was sold to the Ford Group in 99 years in history, which should not be regarded as its own butterfly wings!
"Chairman, let's make a move, this is the best opportunity!" Wang Chuanfu couldn't help but urge.
"No, it's not the best chance!" Boss Jia shook his head and refused very decisively, "I read the data of Volvo on your information, and his global sales have reached 180,000 units, which is the highest level in Volvo's history, and at the same time created a profit of 120 million US dollars, this is a company with very good performance!" β
"Now that Volvo is in its heyday, the price is bound to be at a premium, and now Volvo's market capitalization is only $4.2 billion, but the real purchase price is definitely more than that."
"You yourself said that Ford, GM, and BMW are now trying to buy Volvo, there are so many big companies competing with each other, I don't know how the price will be speculated, let's go in now, aren't we waiting to be the big boss?" Boss Jia's words were very crisp, and Wang Chuanfu moved his mouth, and he had nothing to say, because what Boss Jia said was the truth.
Volvo is good, but it's too expensive to buy now.
Historically, the Ford Group finally bought the Volvo Cars business of the Volvo Group in 1999 for $6.45 billion, making Volvo Cars a wholly owned subsidiary of the Ford Group.
This price was a full $2.8 billion more than the total market value of Volvo Cars at the time, which was nearly double the premium.
But the result?
In 2010, Geely Automobile, from Huaxia, bought the entire Volvo car from Ford for only $1.8 billion.
This means that in the ten years since it was acquired, Volvo's own losses have been very serious, and if Boss Jia buys Volvo at this time, he will really be the first fool in the world.
Even if you really want to buy it, wouldn't it be fragrant to buy it after 2010?
"What the chairman said is, then I recommend Citroen Automobile for the second time!" Wang Chuanfu actually knew that it was impossible to buy Volvo, after all, it was too expensive, so he took out the second goal in his heart, which is also the most feasible goal!
CitroΓ«n...... Will they be willing to sell? Boss Jia nodded, Citroen is not bad, known as the car Apple, dare to try all kinds of new technologies, of course, in the end, it also successfully blew itself up because of the new technology, so that it was later acquired by the logo group.
Citroen is not much compared with Volvo in terms of technology and production capacity, but the price is very cheap, and the current total market value is more than 2 billion US dollars, which is half cheaper than Volvo.
It's just that Boss Jia has never heard of Citroen being sold in his last life, at most in 18 years, Dongfeng Motor and Citroen held shares with each other, and finally Dongfeng Motor owned 30% of Citroen's shares.
But this is because Dongfeng and Citroen established a joint venture factory very early, and the relationship between the two sides is very deep, so there is the possibility of mutual shareholding, and now it seems difficult to buy Citroen from Peugeot Group.
"It's still very likely!" Wang Chuanfu said, "Although Citroen was acquired by the logo, Citroen was forced to sell itself back then. However, the original target of the car was Michelin, that is, the company that sold tires. β
But then they learned that Michelin was really just a front, and it was the logo car that really wanted to buy them. Not long after Michelin bought Citroen, it was directly sold to Logo Cars, which made Citroen very angry, and the two sides buried conflicts at the beginning! β
"However, Michelin also left a hole for the logo, that is, in order to acquire Citroen as soon as possible, when the two sides were negotiating, Michelin promised to give Citroen a lot of autonomy, which led to the fact that after the logo won Citroen, it was basically unable to control Citroen, and it was only a nominal owner.!"
"Later, although the company was once renamed as the logo-Citroen United Automobile Group, Citroen looked down on the logo more and more internally, and wanted to part ways with the logo, but the equity was in the hands of others, and it has always been difficult."
"And the logo is now a headache for Citroen, because Citroen has not produced great benefits in their hands, but has produced many contradictions, and now the two companies are at odds with each other, and they are eager to sell Citroen in exchange for a sum of cash!"
"So this is the premise of acquiring Citroen, as long as we reveal our intentions and then talk about it, I think the possibility of Citroen is still very high!" Wang Chuanfu said.
"Okay, then Citroen will be the target of preferential acquisition!" Boss Jia nodded, feeling that Citroen was indeed good, but there was another company on the list, and the brand name of this company, Boss Jia, was actually seeing it for the first time.
Before this, Boss Jia had never seen the name of this car brand.
This car is called: Rover Motors