Chapter 667: Acquisition as a whole
Basic industry is a general term for the industrial sector that provides the basic means of production for the national economy. Including metallurgy, petroleum, coal, electric power, chemical, machinery industry, etc.
This topic is too big, Muyang can't include all the basic industries, and he is now paying more attention to two categories, machinery industry and metallurgical industry.
China is now the world's largest steel producer, with an annual output of 1.1 billion tons, more than half of the world's steel production, but it is China's shortcoming in terms of special steel.
Special steel is the core and key material required for major equipment manufacturing, major engineering construction, strategic emerging industries and advanced weapons for national defense, and is a symbol of a country's comprehensive competitiveness.
China's equipment manufacturing industry is mainly controlled by others in core technologies and core components. Among them, the core technology mainly refers to the control system and software, and the core components are mainly materials. In particular, fatigue-resistant high-strength steels such as aircraft landing gear, high-speed train axles and bearings, high-temperature, radiation-resistant, stainless and heat-resistant steel pipes for nuclear power plants, and high-temperature alloy blades for gas turbines and turbofan engines cannot be mass-produced at present.
From a global perspective, the countries with the highest level of special steel industry are Japan and Germany, which account for 20% and 18% of the global special steel market respectively. The gap between China's special steel products is mainly reflected in the variety structure.
When the Varyag was transported back to China, experts found that China could not repair it, why there was no qualified special steel for the deck of the aircraft carrier, which is why after it was transported back, it was put there for three years.
In the end, the country was forced to make great efforts to develop special steel for aircraft carriers. It took more than three years and more than a billion dollars to finally get a suitable deck steel. Only then did the repair of the aircraft carrier begin.
Muyang's current idea is to be able to obtain some basic industry information through computer information theft, but there are too many classifications, and now Muyang lets Sarah get it, mainly in the metallurgical industry and the mechanical processing industry.
Of course, this information on the web. Many of them cannot be complete, because no country or company will put such important information on the Internet. However, Muyang believes that there will always be some gains.
Muyang still focuses on acquisitions.
More than ten days have passed, and Rudi's procurement is proceeding as scheduled. Sarah is still getting used to the new computer. After all, with a new speed and new software, Sarah still needs to be familiar with a lot of things. Americk of the technical procurement team has not contacted Muyang, and Muyang estimates that their progress must be very difficult.
But at this moment, Muyang received a call from Americk, in which Americk said to Muyang with some excitement: "Boss, there is news to report to you." If this is done, maybe we have a problem with procuring multiple technologies. This time it can be solved all at once. ”
Mu Yang also raised his interest, "Amerik, hurry up and talk about it." ”
"Boss, I don't know if you've heard of the airport brand "Index", their headquarters in Stuttgart, is a century-old airport company, the scale is medium-sized, but in some areas it has achieved the top level, it used to be very brilliant, but recently it has declined. Aymerick said.
Muyang has also seen the name "Indyx", but as Americk said, it is a medium-sized airport company, and it is famous for producing high-precision lathes and CNC systems with its own complete technology.
In Muyang's view, Indyx is a bit like a stubborn person in the social group, they insist on being sophisticated and independent, but in the real world, Muyang has not heard of any problems with this company.
"Boss, Indyx produces about 500 to 800 precision CNC machine tools every year, they always insist on themselves, which is very famous in the machine tool industry, before, their machines are very famous, the variety of machine tools is very complete, the CNC technology is cutting-edge, more than the universal Siemens system, but they have an accident."
"Six years ago, Indyx company to research a 68-axis CNC machine tool, invested a lot of money, but in the end did not succeed, and the second year of Indyx sales were not good, which made the company's property fall into a predicament, and in the next few years, the global machine tool enterprise demand was weak, which Indyx is even worse, there is a slump trend."
"Our team studied his situation and found that it is very suitable for the boss of your requirements for machine tool technology, Indyx's technology is very comprehensive, involving all kinds of machine tools, and also has the most advanced CNC system, if we buy their technology as a whole, it may be a good way, so that you don't have to look for the same, but the price may be much higher." Americ said.
"Have you already reached out to each other?" Muyang didn't care too much about the price.
"Yes, we have initially contacted the current helmsman of the company, the third generation, he seems to be interested in selling the company as a whole, but he is not very happy to sell only the technology in his hands, after all, their core thing is technology, if there are factories and machine tools left, it is really not worth much." Americ said.
"You estimate how much it will cost to acquire the technology, and how much it will cost if you buy Indyx as a whole." Muyang asked.
After a moment's hesitation, Americk said, "We did an assessment of Index's technology at the time, and it was worth about 88 million euros, which includes all the technology, including the production process of the machine tool, the CNC system, etc. We haven't made a specific assessment of the overall acquisition, but my estimate is about 130 million euros, after all, they also have a complete set of production equipment, and more importantly, more than 400 skilled workers. ”
"Aymerik, send me a detailed report, I need to look into it." Muyang said.
"Okay boss."
Hung up the phone, and after a while, Muyang received an email, and Muyang opened it and began to read, which was the detailed information of Indyx Enterprise.
But as Americk said, this company has always been a company committed to investing heavily in research, and then produce the most cutting-edge machine tool enterprises, their model in Muyang's view is actually problematic, they only do the best, but do not pay attention to promotion, which makes the company's capital chain very dangerous, just like the last time, that is, in 2014, Indyx's latest machine tool research failed, but since then it has been sluggish.
After reading it, Muyang felt that this was a godsend, and perhaps through this acquisition, he could completely get all the technology of a machine tool company.
Muyang clapped, it's up to you.
(To be continued.) )