Chapter 312 Acquisition Case
Liu Ming smiled and said, "I'm just a light bulb. Isn't it shining? The leaders say it's a temporary arrangement, just to promote me to a proper place."
Liang Zhihong smiled bitterly and said, "You boy, you haven't figured out the situation yet. When you squat in that position for a year or two, you will know it's amazing!"
Liu Ming could see that Lao Liang himself probably had already experienced this kind of pain that he could not do.
"I wonder what impact the group's acquisition of the Dalton Tunnel Machine this time will have on the factory's future development?" Liu Ming asked tentatively.
Liang Zhihong looked at Liu Ming with a complicated expression, but just let out a soft "hum".
Liu Ming said: "I understand!" Some things can only be understood but not expressed in words.
Liang Zhihong has always advocated a steady strategy of improving his own technical strength and winning the market through product upgrades. Hong Liang, the overseas returnee manager, looked down on this slow development model and hoped to use mergers and acquisitions to strengthen the competitiveness of the company. The disagreement in the two in terms of concepts led to Liang Zhihong being gradually marginalized in the group.
Liang Zhihong changed the topic and said, "You have been working on the front line before, but now you have been transferred to the stairs. You can take this opportunity to have an in-depth understanding of the organizational structure of the company. In this way, when you have the opportunity to be released in the future, you will be more comfortable."
Liu Ming smiled slightly, looking as if he was humble and was taught.
This department-level cadre can basically be a vassal like the general manager of the branch. But just because Liu Ming is now incompatible with Guan Hongliang, it is impossible to release it.
Liang Zhihong looked at his watch, "It's already late at night at this time, and I don't know how Xingguo and the others are handling the procedures for receiving assets."
...
Miligan East Coast, Twisted City, Marriott Hotel.
Wang Xingguo took a sip of cold coffee and looked at his watch. It was already 1:00 in the middle of the night.
The acquisition information in front of me is still more than one foot thick and I haven't finished reading it.
The scene of meeting with Andra Dalton, the head of the Dalton family, yesterday was replayed in his mind like a movie.
Under the arrangement of Blackstone Company, Guan Hongliang and Wang Xingguo met Andra at the Dalton family manor.
Andra is 70 years old and still has a tycoon style that looks like a tycoon. She doesn't speak much but keeps talking to Guan Hongliang in the tone of an elder. Under the pressure of his strong aura, Guan Hongliang, as the acquirer, is a little in trouble.
When talking about the trademark issue, some dispute arose. Andra said that "Dalton" was a symbol of his family and suggested that Guan Hongliang change his name and LOG. Wang Xingguo became anxious when he heard this. Oriental Factory spent a lot of money, and the main thing he bought was the brand trademark. After changing the name, who still recognized this equipment?
"Mr. Andra, it is our right to change the name after the acquisition. There is no need to discuss this issue!" Wang Xingguo replied softly and hard.
Andra was obviously not used to someone chasing his arrangements. She stared at Wang Xingguo for a few seconds before waved her hand, "Of course, this is just a suggestion."
During the asset inventory, Wang Xingguo was inspired by Liang Zhihong and specially asked to receive technical drawings.
As a result, it was found that the detailed drawings of many tunnel machine drawings were deleted. When Wang Xingguo asked, the technical person in charge said that the detailed design of this simple structure had long been outsourced to other companies, and it was also said that it was based on an advanced file management system.
The world's number one tunnel machine brand cannot even come up with a complete set of drawings, which is a huge joke!
Wang Xingguo argued with reason, and finally, with the mediation of Blackstone Company, the technical director took out several sets of detailed drawings from ten years ago.
When Wang Xingguo turned to the salary of technicians, he was even more frightened. Everyone knew that the salary of local employees in the United States was very high. Even ordinary designers had annual salary of more than 100,000 meters. In addition, the employees and managers of four factories had a total of more than 5,000 people.
According to the agreement before the acquisition, Oriental Factory also needs to raise the salary by 10% for each local American employee, which is the result of the negotiations between the employee union of the company and the boss Andra. If the conditions are not met, the court will stop the transaction, and Guan Hongliang can only be forced to accept it.
The financial statements of Wang Xingguo saw in the past three years, which showed that the profits of Dalton's tunnel machine business were hovering around 200 million to 300 million meters.
"I don't know how much profit this company can generate every year after it is acquired." Wang Xingguo was worried about this.
Just the increase in employees' salary will have all the company's book profits. If you are not careful in the follow-up operation, it is very likely that you will lose all your money.
In addition to the factories, there are four pieces of land in the central U.S. states in the asset list. Guan Hongliang wanted to remove these lands that were not related to the business from the transaction to reduce the acquisition price, but was rejected by the old man Andra.
Wang Xingguo didn't have to look at the map, and he knew that it must be a wilderness land without any development value, and it was purely used by the old man to cheat money.
"No! I have to go to Mr. Guan tomorrow to talk about these lands!" Wang Xingguo made up his mind to say to himself.
And next door to him, in Guan Hongliang's room, it was another sleepless night.
The reception room was already filled with smoke, and Guan Hongliang was lying halfway on the couch at this time.
He made a trans-ocean phone call.
"Sorry, the phone you called cannot be connected!" A busy voice rang again.
"SHIT!" Guan Hongliang changed his phone number and went out, and this time he dialed.
"Hey? Is it Hongliang?"
"It's me! Why can't your brother Yan Gui's phone be dialed all the time?"
"Ah? I don't know either. Maybe you can't receive the signal in the United States. I'll call him later. I heard that Kou Qu has released a new product package. You can take the time to bring back a few..."
Guan Hongliang said "um" in annoyance, and before the woman could finish speaking, she hung up the phone.
Last night, I had a closed-door meeting with Peggy and Andra, and the old man actually wanted to start the price at this time.
Guan Hongliang's funds were tight enough to collapse at any time. He had no choice but to ask his brother-in-law Yan Gui to help him get a "contract".
As a result, after two hours of call, no one answered Yan Gui, which made Guan Hongliang feel a little nervous.
On the second day, when Wang Xingguo raised the issue of land again, Andra did not respond at all, but emphasized that the acquisition must be 100% and cannot be reduced.
Guan Hongliang was eager to go to Hong Kong to prepare for listing, so he persuaded Wang Xingguo to continue to negotiate, accepted the law firm's notarization letter, and signed the final acquisition agreement.
Chapter completed!