Sunseeker Yachts Chairman Robert Blythe White and CEO Steward McEntire were surprised when they first saw Yang Huan because she was so young.
This is the Chinese investor who just acquired Southampton and spent huge sums of money to bring in super center Ibrahimovic.
He looks like he's only about 20 years old.
He really has such great ability.
Yang Huan had just stepped out of the Rolls-Royce and walked onto a highway bridge accompanied by Cash Harris.
Under the bridge is a backwater channel connecting Upton Inner Lake to the English Channel.
The shipbuilding factory of Sunseeker Yachts is on the east bank of the back channel.
Standing on the bridge, you can have a panoramic view of everything outside the factory.
"Old, too old."
Yang Huan shook his head.
The entire Sunseeker Shipbuilding Factory looks like an old factory building from decades ago, about the size of two or three football fields.
On the backwater channel outside, there are a few yachts and some ship molds docked sparsely.
At least, this yacht company is definitely not as glamorous as what you see in newspapers or magazines.
On the contrary, the first feeling and impression it gave Yang Huan was that it was out of date and out of date.
"It has been thirty-two years since our factory was established.
We still retain everything from that time, including the molds of every yacht we produce.
These are our treasures."
The gray-haired Robert Blyth White walked onto the highway bridge and came to the side of Yang Huan and Cash Harris.
Long Wu seemed to realize that they were not in danger, so he just looked at the two people and continued to play the game.
"Furthermore, building yachts, especially luxury yachts, is different from other industries.
Basically everything is handmade, so those modern equipment for standardized production are basically not used.
The factory buildings are relatively simple and do not require too many Mechanical equipment and production lines.”
This can also explain why Sunseeker Yachts pays so little attention to its factories and offices.
But in Yang Huan's view, this explanation is unworkable.
In the final analysis, it is still a word, no money.
If you have money, who wouldn’t want to make the factory better and give workers a better working environment?
In fact, it was only after coming to the UK that Yang Huan truly felt the helplessness and sadness of the declining empire.
Even the east, south and north of London were basically still stuck in the environment of decades or even hundreds of years ago. .
Including buildings, including factories, and even people.
This is a retro flavor that has no hope and cannot keep up with the times.
"Hello, I am Robert Blythwhite, the chairman of Sunseeker Yachts."
The white-haired old man stretched out his hand towards Yang Huan, shook hands, and then pointed to the other white-haired old man beside him, "This is our CEO, Steward McEntire.”
After Yang Huan and Cash Harris shook hands with them, Yang Huan proposed to go to the factory to see his yacht.
Zhang Ning had already had contact with Sunseeker Yachts before, and the other party also knew that the yacht that originally belonged to John Hunter had been transferred to Yang Huan's name.
"I'm sorry, Mr.
Yang Huan, your yacht is still in the modeling stage."
McEntire said apologetically.
"Modeling"
"It's like this.
The manufacture of a yacht requires a set of molds, and the molds are either ready-made or customized.
If it is a ready-made mold, it is simpler and the construction progress is faster.
That's why I say, that set of molds Molds are our greatest treasure because there are so many choices for our customers.”
"But there are also those who pursue personalization and need customized molds.
It usually takes a month or two to build a set of molds, and usually this kind of personalized mold may only be used once, so the price of personalized yachts is high.
A set of ship molds accounts for one-third of it.”
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After hearing what McEntire said, Yang Huan somewhat understood the twists and turns involved.
"How long will it take for my yacht to be delivered?"
This is what Yang Huan is most concerned about.
He just had a bad time with Aston Martin, and he didn't want to have any more problems on Sunseeker Yachts.
After hearing Yang Huan's question, McEntire and Bryce White looked at each other.
They were both embarrassed and could not give a specific answer.
In the end, McEntire replied with a wry smile, "Well, we also There’s no guarantee.”
"Why?"
Yang Huan was surprised, why are you so virtuous?
Isn’t it said that the customer is God?
Now God has paid the money first, but you who serve God are all acting big.
I really don’t think God is angry Or do you think you don’t regard me as God at all?
McEntire couldn't say, Bryce White thought for a moment and stepped forward.
"Mr.
Yang Huan, actually, to tell you the truth, we are in trouble."
"Trouble" Yang Huan was a little confused.
Sunseeker Yachts is known as the Rolls Royce of the sea, and they will also encounter trouble.
Bryce White took a deep breath.
He was powerless and could only look for help from the outside.
"Actually, we have a bank debt of 20 million pounds that is about to mature, but we are temporarily unable to withdraw funds to repay it, so we are currently considering accepting an acquisition by an Irish private equity company."
McEntire was afraid that Yang Huan would be angry, so he added, "But we can guarantee that we will complete the construction of this yacht in the shortest possible time and deliver it as soon as possible."
Private equity companies are actually similar to private equity funds.
The difference is that they do not invest in the stock market.
They specialize in buying and selling companies and earning huge price differences to make profits.
Sometimes they can even increase several times.
However, they are usually acquired by private equity companies and basically cannot escape the consequences of restructuring and spin-off.
It seems that this Sunseeker yacht is really desperate.
Yang Huan shook his head, and his mind couldn't help but think of what Cash Harris said in the car just now.
For these world-renowned luxury goods, they have temporarily fallen into a trough due to the impact of the subprime mortgage and European debt crises.
However, 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 are always people who take the trouble to pursue the most high-end luxury goods.
Cash Harris on the side saw Yang Huan's thoughtful behavior, and then looked at Bryce White and McEntire's helplessness when they mentioned being acquired, and their urgency when they were burdened with debt.
He knew what he was doing and smiled.
A smile.
"Master Huan, your Yang Group's real estate company seems to be making a big move into the tourism industry in China recently.
I heard that it will build real estate projects and yacht clubs in five or six coastal cities in the next three or four years, with a total investment of several billions.
GBP."
When Bryce White and McEntire heard this, their eyes lit up.
Billions of pounds God, it turns out this Chinese is so rich "It turns out that Mr.
Yang Huan is also interested in investing in yachts."
Yang Huan heard the implication of Cash Harris.
In fact, he also had his own plans.
"Well, I have always been interested in yachts.
Our family has two Sunseeker yachts.
One is for the company to receive customers, and the other is my own.
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I have always had a very good impression of your yachts."
Bryce White immediately followed the snake and asked with a smile: "I wonder if Mr.
Yang Huan is interested in acquiring our Sunseeker Yachts?"
Being acquired by a private person, especially by a big investor from China, is much better than being acquired by a private equity company.
At least you don’t have to worry about being reorganized or split up, and you don’t have to worry about being sold off again in a short time.
Especially being acquired by a big financier like Yang Huan is equivalent to embracing a thick thigh.
"Acquiring Sunseeker Yachts" Yang Huan smiled and shook his head, "I don't know or am familiar with this industry.
I follow principles in doing business.
As the saying goes, don't do it if you are not familiar with it.
People like you who are so familiar with the yacht industry behave like this.
I This layman will probably suffer a big loss if he rushes in hastily."
Yang Huan shook his head like a drum, "I still don't want it anymore."
Although Sunseeker Yachts is famous, the entire luxury goods industry is now in a state of depression.
Mergers and acquisitions by peers are impossible, and few outside investors are paying attention.
So far, only the Irish private equity company is still aiming to make money.
Come here, so it is rare for them to let go of Yang Huan.
Bryce White has been working hard to operate Sunseeker Yachts for more than 30 years, but he has never been able to make much money.
He considers himself a very conscientious yacht craftsman, but he may not be a qualified business operator.
If you can sell the company in your later years while it still has value, and get a large sum of cash, this is better than letting the company go bankrupt.
"Mr.
Yang Huan, in fact, the yacht industry is similar to other industries.
And if you plan to operate a yacht club, there will be a huge yacht manufacturing company behind it, especially a top yacht brand like our Sunseeker.
The advantages, at least in terms of boat purchase and maintenance, are more advantages than others.”
"Also, in fact, our business situation in Sunseeker has not been very good in recent years.
It is the fruit of our family's painstaking efforts for more than 30 years, and we do not want to trust others.
If you are interested, Mr.
Yang Huan, If so, we can offer appropriate discounts on the purchase price.”
"There is a discount."
Yang Huan laughed after hearing this, "How much?"
"Two hundred and fifty million pounds" Bryce White offered the psychological price.
"Two hundred and fifty million pounds" Yang Huan was still very calm.
When converted, it would be about RMB 2.5 billion.
But instead of commenting, he looked at Cash Harris.
The shrewd Financial City investment consultant immediately shook his head with a smile, "Mr.
Bryce White, your price is too outrageous.
You really think Master Huan is a good man."
"What do you mean?"
Yang Huan looked at Cash Harris and asked.
"Master Huan, according to the information collected by our bank, Sunseeker Yachts reached its peak from 2002 to 2004, but even at its peak, the company's net profit was only Three percent, and in the following years, it was even less than three percent.”
"So Sunseeker Yachts has bank liabilities all year round, usually between 10 million and 20 million pounds, less in years with good sales and more in years with poor sales.
But in recent years, they have become seriously They are unable to make ends meet, and if my information is correct, their bank debt is already as high as 30 million pounds.”
Bryce White was breaking out in a cold sweat.
This Cash Harris was indeed a well-known investment consultant in the City of London.
He knew everything very well.
It was really not simple.
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After hearing this, Yang Huan also shook his head and tsked, "Kesh, after hearing what you said, I really think it's not a good deal."
"According to them, Sunseeker is currently short of funds.
As soon as I acquire it, I have to invest a lot of money.
At least it must be able to repay the bank debt.
But based on their net profit of less than 3%, I How many years will it take to recover the capital and ensure the healthy operation of the company?”
"This business cannot be done" “I really can’t do it” When Yang Huan shook his head, Bryce White and McEntire's hearts dropped to the bottom.
If it were to be acquired by private equity, they would definitely not get any benefits.
"Forget it, although I am still very interested in acquiring Sunseeker Yachts, I still can't afford such a high price and so many problems."
After saying that, Yang Huan winked at Cash Harris and walked forward.
The fat British man was very smart and followed immediately
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