Chapter 82: You Didn't Think of Me as God
Sunseeker Yachts Chairman Robert ? Bryce White, and Executive Steven? McCantyre, the first time he saw Yang Huan, he was surprised, because he was too young.
This is the big Chinese financier who just bought Southampton and spent a lot of money to bring in Ibrahimovic?
Looks like he's only about twenty years old, does he really have such a great ability?
Yang Huan just walked off the Rolls-Royce, in Kesh? Harris, accompanied by a road bridge.
Under the bridge is a backwater channel connecting the Upton Interior Lake with the English Channel.
Sunseeker Yachts' shipyard is located on the east bank of the backwater, and standing on the bridge, you can see all the qiē outside the factory.
"Old, too old!" Yang Huan shook his head.
The entire Shengxi Shipyard looks like an old factory building from decades ago, about the size of two or three football fields, and on the backwater passage outside, there are a few yachts docked sparsely, and some ship-shaped molds.
At the very least, the yacht company is by no means as glamorous as it appears in newspapers or magazines.
On the contrary, the first feeling and impression it gave Yang Huan was that it couldn't keep up with the old times.
"It has been 32 years since the establishment of our factory, and we still retain the qiē of that year, including the model mold of every yacht we produce, which are our treasures."
Pale Robert? Bryce White walked onto the highway bridge and came to Yang Huan and Kesh? Harris's side.
Ryugo seemed to realize that they were not in danger, so after just looking at the two of them, he continued to play the game.
"Moreover, building yachts, especially luxury yachts, is different from other industries, basically all of them are handmade, so those modern equipment for standardized production are basically not used, and the plant is relatively simple, without too much mechanical equipment and production lines."
This explains why Sunseeker Yachts pays so little attention to factories and offices.
But in Yang Huan's opinion, this explanation will not work, in the final analysis, it is still a sentence, no money.
If you have money, who doesn't want to make the factory better and give workers a better working environment?
In fact, after coming to the UK, Yang Huan really felt the helplessness and pathos of the declining empire, even including the eastern, southern and northern parts of London, which were basically still stuck in the environment of the times decades or even hundreds of years ago.
Including buildings, including factories, and even people.
It's a retro flavor that doesn't see hope and can't keep up with the times.
"Hello, I'm the Chairman of Sunseeker Yachts, Robert? Bryce White. The white old man stretched out his hand to Yang Huan, and after shaking hands, he pointed to the other white old man beside him, "This is our executive officer, Steven?" McEndre. ”
Wait until Yang Huan and Kesh? After Harris shook hands with them, Yang Huan offered to go to the factory to see his yacht.
Zhang Ning had already had contact with Shengxi Yacht before, and the other party also knew that it originally belonged to John? Hunter's yacht has now been transferred to Yang Huan's name.
"I'm sorry, Mr. Yang Huan, your yacht is still in the modeling stage for the time being." McEndre said apologetically.
"Modeling?"
"That's the case, the manufacture of a yacht needs a set of molds, and the molds are ready-made and customized, if it is a ready-made mold, it is relatively simple, and the progress of building is relatively fast, so I will say that that set of molds is our biggest treasure, because there are many choices for guests."
"But there will also be some pursuit of personalization, you need to customize the mold, it generally takes a month or two to build a set of molds, and usually this personalized mold may be used once, so the price of personalized yachts is high, and a set of ship-shaped molds accounts for one-third of them."
Hearing Mackentyre say this, Yang Huan somewhat understood the twists and turns.
"And how long will it take for my yacht to be delivered?" This is what Yang Huan cares about the most.
He had a bad deal with Aston Martin just now, and he didn't want to have any more problems with the Sunseeker.
After listening to Yang Huan's question, Mackentyre and Brythewhite looked at each other, both embarrassed, unable to give a specific answer, and finally McEndre replied with a wry smile, "This, we can't guarantee it." ”
"Why?" Yang Huan was surprised, why is he so virtuous?
Doesn't it mean that the customer is God?
Now that God has paid first, you who serve God are playing big cards one by one?
Is it true that God is not on fire?
Or are you not treating me as a god at all?
McEntyre couldn't speak, and Bryth White thought for a moment and stepped forward.
"Mr. Yang Huan, actually, I won't tell you, we're in trouble."
"Trouble?" Yang Huan was a little puzzled.
Sunseeker Yachts is known as the Rolls-Royce of the seas, and they will also be in trouble?
Brythwhite took a deep breath, there was nothing he could do but look for help from the outside.
"Actually, we have a £20 million bank debt coming due, but we can't afford to pay it off at the moment, so we're currently considering a takeover from an Irish private equity firm."
McEndre was afraid that Yang Huan would be angry, so he added, "But we can guarantee that the construction of this yacht will be completed in the shortest possible time and delivered as much as possible." ”
Private equity companies, in fact, are similar to private equity funds, the difference is that they do not invest in the stock market, but only buy and sell companies, earning a huge difference in the middle of the price to obtain profits, sometimes even several times.
However, it is usually acquired by a private equity company, and it is basically impossible to escape the end of restructuring and spin-off.
It seems that this Shengxi yacht is really cornered!
Yang Huan shook his head, and his mind couldn't help but think of being in the car just now, Kesh? A quote from Harris.
For these world-renowned luxury goods, because of the impact of subprime mortgages and the European debt crisis, they have temporarily fallen into a trough, but as long as they survive the difficult period of the financial crisis, they will soon return to the ranks of world luxury goods.
Because in this world, there will always be people who take the trouble to pursue those high-end luxury goods.
Kesh on the sidelines? Harris saw Yang Huan's thoughtful moves, and then looked at Bryth White and McKentyre when they mentioned their helplessness when they were acquired, and the urgency when they were pressed by debt, he knew it in his heart and smiled.
"Young Master Huan, your Yang Group's real estate company seems to be going to enter the tourism industry in China recently, and I heard that in the next three or four years, real estate projects and yacht clubs will be built in five or six coastal cities, with a total investment of billions of pounds."
When Bryth White and McKentyre heard this, their eyes lit up, billions of pounds?
God, it turns out that this Chinese is so rich!
"It turns out that Mr. Yang Huan is also interested in investing in yachts?"
Yang Huan heard Kesh? Harris's off-string sound, in fact, he also has his own calculations.
"Well, I've always been interested in yachts, we have two Shengxi yachts at home, one is for the company to receive customers, and the other is my own, and I have always had a pretty good impression of your yachts."
Brythewright immediately hit the snake with the stick, and asked with a smile: "Then I wonder if Mr. Yang Huan is interested in acquiring our Shengxi Yacht?" ”
It is much better to be acquired by a private company, especially from a large financier in China, than by a private equity company, at least without worrying about being restructured or spun up, and without worrying about being sold again in a short period of time.
Especially being acquired by a big financier like Yang Huan is equivalent to hugging a thick thigh.
"Acquisition of Sunseeker Yachts?" Yang Huan smiled and shook his head, "I don't know and am not familiar with this industry, doing business is principled, as the so-called unfamiliar do not do, you people who are so familiar with the yacht industry are like this, I, a layman, rashly break in, it is estimated that I will only suffer a big loss." ”
Yang Huan shook his head like a rattle, "I still don't want it!" ”
Although Shengxi Yacht is a famous name, but now the entire luxury industry is almost all in a depression, peer mergers and acquisitions are impossible, foreign investors are rarely interested, so far only the Irish private stock company, or with the purpose of making money, so, it is rare to meet a Yang Huan, how can they let go.
For more than 30 years, Bryce White has worked hard to run Shengxi Yacht, but he has not been able to make much money.
He thought to himself that he was a very conscientious yacht craftsman, but not necessarily a qualified business operator.
If you can sell and cash out the company in your later years, while it is still valuable, in exchange for a large amount of cash, it is better than letting the company go bankrupt and go bankrupt.
"Mr. Yang Huan, in fact, the yacht industry is similar to some other industries, and if you plan to operate a yacht club, there is a yacht manufacturing company behind it, especially a top yacht brand like our Shengxi to support, then there will be quite a huge advantage, at least in terms of yacht purchase and maintenance, etc., you will have more advantages than others."
"Also, in fact, our Shengxi's business situation in recent years is not very good, it is the brainchild of our family's painstaking operation for more than 30 years, and we don't want to trust non-people, if Mr. Yang Huan is interested, we can give appropriate concessions on the purchase price."
"Got a deal?" Yang Huan laughed after hearing this, "How much?" ”
"Two hundred and fifty million pounds!" Brythewright offers a psychological price.
"Two hundred and fifty million pounds?" Yang Huan is still very calm, and it is about 2.5 billion yuan when converted.
But instead of expressing his opinion, he looked at Kesh? Harris.
The shrewd Financial City investment advisor immediately shook his head with a smile, "Mr. Blythewhite, your price is too outrageous, right, really think that Young Master Huan is Kaizi?" ”
"What do you mean?" Yang Huan looked at Kesh? Harris, asked.
"Young Master Huan, according to the intelligence collected by our bank, the peak of Shengxi Yacht was from 2002 to 2004, but even when they were at their peak, the company's net profit was only three percent, and in the next few years, it was even less than three percent."
"So Sunseeker Yacht has bank debts all year round, generally between 10 million and 20 million pounds, less in good sales years, and more in bad years, but in recent years, they have been strictly unable to make ends meet, and at present, if my information is correct, their bank debts have been as high as 30 million pounds."
Bryth White broke out in a cold sweat, this Kesh? Harris is a well-known investment advisor in the City of London, and he knows everything well, which is not easy.
When Yang Huan heard this, he also shook his head and sighed twice, "Kesh, hearing you say this, I really don't think it's worth it." ”
"According to them, Shengxi is mainly a lack of funds now, and I have to throw a sum of money into it as soon as I buy it, and at least I have to be able to repay the bank debt, but according to their net profit of less than three percent, how young will I have to be to recoup the capital? And it is necessary to ensure the healthy operation of the company. ”
"This business can't be done!"
"I can't do it!"
Yang Huan shook his head, and Bryth White and McKentyre's hearts fell to the bottom.
If they are really to be bought by private equity, they will definitely not get the slightest benefit.
"Forget it, although I'm still very interested in acquiring Shengxi Yacht, I still can't afford such a high price and so many problems."
After speaking, Yang Huan rushed at Kesh? Harris winked and walked forward.
The little British fat man was very shrewd and immediately followed.
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