Wang Chuanfu was very fast. Boss Jia gave him three days, but on the second day, he came looking for Wang Chuanfu. However, his eyes were bloodshot. Apparently, he had not slept for the whole day.
In fact, Wang Chuanfu hadn't slept for almost four days. He had been tormented by the matter of building the car.
"Have you thought about it?" Boss Jia asked.
"Yes, Chairman. This is the list I made!" Wang Chuanfu handed a list to Boss Jia. Boss Jia glanced at it and found that there were only five companies on the list.
"Why these three companies?" Boss Jia asked curiously.
"Because I asked someone to inquire. Among the major car brands in the world, there are only three companies that have the possibility of being sold, the ability to build cars, a large number of engineers, and related patents."
"Only by buying one of these three companies can we have the ability to build cars in a short time!" Wang Chuanfu said tiredly.
"Then introduce them one by one and tell me your thoughts!"
"Yes, first of all, Volvo! This is the company I recommend the most, and it is also the most suitable company for us! " Wang Chuanfu said excitedly, "Volvo is a company founded in Sweden. It is famous worldwide for its safety. It was the first company in the world to invent the child safety seat. At the same time, it also has a lot of original safety patents. It is currently one of the top 20 car brands in the world!"
"Volvo has everything we need. They have a lot of safety patents, a complete car production line, a large number of skilled functions and professional engineers. According to a friend of mine, Volvo also started the research and development of electric cars last year. They have accumulated a certain amount of technology in electric cars."
"Finally, and most importantly, Volvo Group also has the intention to sell Volvo cars. They are actively contacting major car manufacturers in the world, trying to sell Volvo cars!"
"As far as I know, the reason why Volvo Group wants to sell Volvo cars is that the company's major shareholders are in an economic crisis. They need cash to get through the crisis, so they have the idea of selling Volvo cars. Therefore, they don't have too many requirements for the buyer. As long as the buyer has the money, they will sell Volvo! "
"Now, Volkswagen Group, Ford Group, BMW Group, etc., are in contact with Volvo. If you are also interested in Volvo, this is the best opportunity! " Wang Chuanfu's eyes lit up. He looked as if he couldn't wait to buy Volvo immediately.
"Why is Volvo's major shareholder short of funds?" Boss Jia asked curiously.
"I heard that there was a huge loss in GG's investment, so they had to sell Volvo to fill the gap!" Wang Chuanfu said.
"Er …" Boss Jia paused for a moment. He didn't expect that he would be the culprit of this incident.
However, in history, Volvo was sold to the Ford Corporation in 1999. This shouldn't be considered as his butterfly wings!
"Chairman, let's make our move. This is the best opportunity!" Wang Chuanfu couldn't help but urge.
"No, this isn't the best opportunity!" Boss Jia shook his head and refused decisively. "I saw Volvo's data in your profile. Volvo's global sales reached 180,000 units, which is the highest in Volvo's history. At the same time, they made 120 million USD in profit. This is a very outstanding company!"
"Volvo is in its heyday now, so the price will definitely be higher. Although Volvo's market value is only 4.2 billion USD, the real acquisition price will definitely be higher."
"You said it yourself. Ford, GM, and BMW are all trying to acquire Volvo. With so many big companies competing with each other, we don't know how high the price will go. If we go in now, won't we be waiting to be suckers?" Boss Jia's words were very straightforward. Wang Chuanfu moved his mouth and was speechless. What Boss Jia said was the truth.
Volvo was good, but it was too expensive to buy it now.
In history, the Ford Group eventually bought the Volvo Car business of the Volvo Group for $6.45 billion in 1999, making Volvo Car a wholly owned subsidiary of the Ford Group.
This price was 2.8 billion USD higher than the total market value of Volvo at that time. It was almost double the premium.
But what was the result?
In 2010, Geely Motors from Huaxia bought the entire Volvo from Ford for only 1.8 billion USD.
This meant that in the ten years after the acquisition, Volvo had lost a lot of money. If Boss Jia bought Volvo at this time, he would be the biggest fool in the world.
Even if he really wanted to buy it, wouldn't it be better to buy it after 2010?
"You're right, Chairman. Then I recommend Citroen!" Chuanfu actually knew that it was impossible for Daqian to buy Volvo. After all, it was too expensive. So he came up with his second goal, which was also the most feasible one!
"Citroen … Will they be willing to sell it?" Boss Jia nodded. Citroen was not bad. It was called the Apple of Cars. It dared to try all kinds of new technologies. Of course, in the end, it succeeded in self-destructing because of the new technology, so it was later bought by Peugeot Group.
Citroen was not much inferior to Volvo in terms of technology and production capacity, but its price was very cheap. The total market value was about two billion USD, half of Volvo's.
However, Boss Jia had never heard of Citroen being sold in his previous life. At most, in 2018, Dongfeng Motor and Citroen held shares of each other. In the end, Dongfeng Motor owned 30% of Citroen's shares.
But this was because Dongfeng and Citroen had established a joint venture factory long ago. The relationship between the two parties was very deep, so it was possible to hold shares of each other. Now it seemed difficult to buy Citroen from Peugeot Group.
"The possibility is still very high!" Wang Chuanfu said, "Although Citroen was bought by Peugeot Group, Citroen was forced to sell itself. But the buyer was Michelin, which is the company that sells tires. "
"But later they found out that Michelin was actually just a cover. The real buyer was Peugeot Group. Not long after Michelin bought Citroen, they sold it directly to Peugeot Group. This made Citroen very angry, and the two parties had conflicts in the beginning. "
"But Michelin also left a hole for Peugeot Group. That was, in order to buy Citroen as soon as possible, during the negotiation, Michelin promised to give Citroen a lot of autonomy. This caused Peugeot Group to be basically unable to control Citroen after buying it. It was only a nominal owner!"
"Later, although the company changed its name to Peugeot Group, the people in Citroen looked down on Peugeot Group more and more. They wanted to part ways with Peugeot Group, but the shares were in Peugeot Group's hands, so it has been difficult."
"And Peugeot Group is now very troublesome for Peugeot Group, because Citroen did not produce any great benefits in their hands. Instead, it caused a lot of conflicts. Now the two companies are not on good terms, and they are eager to sell Citroen in exchange for a sum of money!"
"So this is the premise of buying Citroen. As long as we show our intention, and then talk about it, I think the possibility of buying Citroen is still very high!" Wang Chuanfu said.
"Well, then Citroen will be the priority target for acquisition!" Boss Jia nodded, thinking that Citroen was indeed a good company. But there was another company on the list, and it was the first time that Boss Jia had seen the brand name of this company.
Before this, Boss Jia had never seen the name of this car brand.
This car was called Rover.
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