Chapter 290: Hillington Company
Cai Siqiang's ability to extinguish fires is still very strong, relying on the strong strength of the SAL legal team, he quickly sent a lawyer's letter to contact the portals that published Duke's gossip information, and for the larger portals, he immediately removed Duke's gossip news after receiving the lawyer's letter, and then replaced it with a press release prepared by SAL on Duke's acquisition in London.
This kind of chasing after the wind and shadows, if the parties have no opinions, of course, there is no pressure to do it, but in the face of the lawyer's letter, there is no need to slack off the portal website, and now SAL is in full swing, and the advertising of navigation and mobile phone products is not a small number in the major portals, and no one dares to offend this God of Wealth.
It's one thing to attract attention, but it's another thing to get the money to fly.
As for the initiator, one by one, the students who studied in the UK, after receiving the contact and advice of the SAL lawyer, also revised the words in the blog post that caused scandal and conjecture, and hung out a clarification blog post.
Although these actions could not extinguish the gossip psychology that netizens talked about, the scandal between Duke and the blonde beauty continued to be a hot topic on various forums.
However, due to Cai Siqiang's quick response, it effectively prevented the spread of this scandal to other media, such as newspapers and TV news, which is finally a great luck in misfortune.
Following Cai Siqiang's arrangement, Duke honestly sat down in person with Hillington President Joe. Opposite Hill, Susanna, Sauvez and the newly hired acquisition consultants began their first formal acquisition negotiations.
Hillington is the president of the company, Joe Brown. Hill founded it a decade ago, when he was a university professor. Hill is in his forties and after more than a decade of research, he has finally developed a special composite material production process, which is a high-strength, high-melting composite material, mainly used in turbine engines and gas turbine blades, which was a very leading material at the time.
Joe. After Hill developed the production process of this material, he founded Hillington, mainly to produce this technology-leading composite material, to provide raw materials for the manufacture of blades for Rolls-Royce and Alstom, and Hillington has had a good time in the past few years, with a solid profit of more than 30 million pounds a year.
However, due to the high cost and high price of this material manufacturing, the application range is limited, and the recent competitors have also developed similar products, resulting in Hillington Company is difficult to expand the market scale, and the company's progress in developing new materials is not satisfactory, the developed materials are basically mature products that have been on the market, the market price is not high, and the labor and production costs of Hillington Company are not competitive at all, so it is difficult for enterprises to develop at this level.
Of course, due to the fact that there are two regular large customers, the life of Hillington is not too bad. Hill has always been relatively satisfied. Until one day, Joe. Hill received an offer from an investment firm in Luxembourg that was said to have an Oriental consortium background.
Originally Joe. Hill had no intention of selling the company at all, but after looking at Duke's Luxembourg investment company's takeover offer, Joe Brown. Hill couldn't help but feel a little moved.
£600 million! That's a lot of money, and if the company continues to operate as it is, Joe. It would take at least twenty years for Hill to make that much money, and that would have to be Joe. Hill prays that God will bless the company to be able to do business every year. But although there are not many competitors in this industry now, Joe. Hill's competitors are basically some large composite material production companies in the United States and Japan. Hill has already entered the U.S. and Japanese markets.
So for the price, Joe. Hill really thought about it for several days before he made up his mind to make an appointment with Duke's company representative to talk again in person, which is why Duke made this trip to London.
If it is only for Hillington's current technology and products and business, Duke's price is not low, after all, Hillington's current development limitations can be seen by everyone, and there is less room for imagination in the future.
However, this is for the general pure investment situation, but the meaning is different for Duke, because in Duke's future nuclear power plant, some composite materials similar to Hillington's existing products must be used, of course, better than this material, and the strength requirements are higher.
For Joe. It's hard to do for Hill, but it's not too much of a problem for Duke, who has already gotten the production know-how from Billem, which means that Duke will be able to get a better composite material to use in a future nuclear power plant of his own design by making some important improvements to Hillington's existing product.
Because there are still a few manufacturers in the world with this kind of technical base, but without exception are some large-scale Japanese and American enterprises, Duke's current acquisition is not only difficult in terms of funds, but also the government's resistance, because this material is of great significance to domestic aircraft engines and power station generators, if there are companies with Chinese background to carry out large-scale mergers and acquisitions, the probability of approval by the Japanese and American governments is very low.
Therefore, although the price offered by Duke is higher, Duke believes that it is worth it, and the existing technical foundation of Hillington can greatly accelerate the construction of the production chain of key products of his new nuclear power plant. Because the total purchase price is only a few tenths of that of those large companies, it is still a good deal.
After the completion of the acquisition of this composite factory, Duke will need to purchase many key manufacturers, such as special alloys, precision machine tools, and precision instrument production...... Much of this needed to be upgraded with the latest technology available to meet the needs of the new nuclear power plant and deuterium refinery plant that Duke had received from Bielem.
For these things that are beyond the technical level of the current era, Duke can only rely on acquiring the top companies, and then use clever instructions and prompts to inspire the R&D teams of these top companies to improve and produce products that meet their own requirements.
Otherwise, it would be too much for Duke to make so many advanced things by himself, although his performance is now appalling enough. Compared with being a genius across N different industries, with the support of these companies, you can cover up your edge a little.
(There's another chapter to add.,But it looks like it's going to be a little after 12 o'clock.,Brother who can't wait, please be early tomorrow.,Sorry.,There's something delayed in the unit today.。 Ask for collection)