Extraordinary Genius

Chapter 1821: Taihua supermarket expansion

Feng Yu leaned on the sofa and looked at the big screen on the wall. The screen showed Ralph's figure.

"Is there still news?"

Ralph sighed slightly and replied: "Not yet. However, several executives of the two-room group have resigned. According to our analysis, these days are."

Feng Yu nodded. "Well, you stare at it. This is very important. It is related to a lot of our investment. Yes, the contract of the supermarket group, did you sign it?"

Finally, I negotiated with the British Tesco supermarket group and bought all the shares of this supermarket chain in the country. Ralph has been talking about this for a long time and has done a lot of work.

And there is no premium too much. After all, the global economy is declining, and even this purchase price is a little lower than Feng Yu’s expectations.

"The appointment is signed after half an hour, and the purchase of the next day is required, and the contract is effective."

"Well, Zong Qingxian has already flown over, and you immediately signed the contract. Zong Qingxian will put the funds into the account of Fengfeng Holdings."

This supermarket group in the country is smaller than Wal-Mart and Carrefour, but it is not limited by the development of the North American supermarket industry.

After being merged into the Taihua Supermarket Group, Taihua Supermarket Group will open Carrefour and have the opportunity to catch up with Wal-Mart. The world's second, this can not make Feng Yu satisfied. The world's first, still the undisputed first, this is Feng Yu's goal.

If you completely occupy or even monopolize the Chinese market, this is not impossible. With the financial resources of Feng Yu and Taihua Supermarket Group shareholders, the expansion of Taihua Supermarket Group can be made faster. The supermarkets will open to every prefecture-level city, and even every prefecture-level city can have several other supermarket chains. There is no room for survival.

At present, Taihua Supermarket Group has less than 1,000 supermarkets, and there are about 4,000 Taihua supermarkets. Even so, many cities do not have Taihua supermarkets.

As long as the Taihua Supermarket Group reveals its intention to invest in those cities, the leaders of those cities will definitely welcome the sweeping house. Who does not know the profitability of the Taihua Supermarket Group.

Good profitability means high taxes. What's more, it can also drive a business district, drive infrastructure and increase employment. These data are also the achievements of those leaders.

However, Feng Yu did not intend to do so. He wanted to give other companies some living space, especially many state-owned retail groups. Taihua Supermarket Group wants to expand in the future and can directly acquire some small supermarket chains.

Do not pick the other party's brand, and do not pick the other's business conditions, only pick the location.

The location is good enough to make money with the business model of Taihua Supermarket Group, plus brand effect and cost control.

Moreover, this is even simpler, the investment is more reasonable, and it will not be accused by other peers.

The country can't be too crazy to expand, then it is only a choice to expand abroad. In Eastern Europe, there is the Polar Bear Supermarket Group. The stake in this supermarket group has also been transferred to Taihua Holdings, but it has not yet been merged into Taihua Supermarket Group.

At that time, other shareholders could not get enough money. If they merged, the shares of other shareholders will inevitably be seriously diluted. They said that they would go public, so they could eat the stakes of the Polar Bear Supermarket Group, but Feng Yu did not agree.

Besides, the big shareholder of the Polar Bear Supermarket Group is Kirilenko, they are only participating in the stock, so other shareholders have said that they will wait. When they raise funds for two years, if they still can't get enough money, then they will accept the dilution of equity.

Nowadays, the profitability of Taihua Supermarket Group has grown rapidly, and the development of China has also fallen into a small bottleneck, which is a good time for outward expansion.

This time, Guangwei convinced him to add his own supermarket chain to the Taihua Supermarket Group. He owns hundreds of supermarket chains such as Xiangjiang, Lisboa, Baodao, Nanyang and Thailand. Very good, the turnover is also high, and the value is not low.

More importantly, it has directly expanded the business network of Taihua Supermarket to many countries and regions in Southeast Asia, which is also of great benefit to enhancing the brand value of Taihua Supermarket.

Fu Guangwei is rather will take out the chain supermarket brands in his home, but also ensure that the equity is not diluted. What's more, only in this way can he truly become the chairman and CEO of Taihua Supermarket Group, and he does not give up the traditional industry of their family.

In the management of supermarkets, none of Feng Yu’s subordinates can be better than him. Even Li’s people can’t do it. The district’s small shop is the same as the super hypermarket management.

Now, I heard that Feng Yu wants to acquire a large supermarket chain in North America. It was once the largest supermarket group in the UK, which shows that the supermarket group is indeed not worth low.

Although the acquisition from the British supermarket group will be a premium, but in the long run, there is absolutely no loss. Especially after being merged into the Taihua Supermarket Group, it is the combination of quality assets, which has great benefits for the comprehensive strength of Taihua Supermarket Group.

One day, I will be the helm of the world's No. 1 supermarket group. If you think about it, let Fu Guangwei be excited. Fu Guangwei's old bean Fu Rongbing, how can he refuse to merge his family's supermarket chain into the Taihua Supermarket Group?

Fu Rongbing even thought that although he did not have the financial talents of Daxie, he could not cooperate with Feng Yu to invest in finance, and he could only follow suit.

It’s not as good luck as paying for the glory of Fu Rong’s family. I met Feng Yu early and got a lot of opportunities.

However, his son Fu Guangwei is very good. After becoming the helm of the Taihua Supermarket Group, he will certainly give him a good look.

I didn't expect him to be old, but he also had a day when his father was expensive. He is very happy and very proud!

For this, he is not only willing to take the chain supermarket in the past, but also sell other industries under his name to support his son.

Even he went to talk to Da Rong Fu Rong and talked about it. If the money is not enough, Fu Rongqi is willing to lend them a sum of money to help the nephew become the helm of the Taihua Supermarket Group.

In this way, Fu Guangwei can become the vice president of Taihua Holding Group. Maybe he can enter the board of directors and pay the same as Guangzheng.

An hour later, Fu Guangwei received a phone call from Zong Qingxian. The supermarket group called Miyoshido in the country was finally fully acquired.

The executives of the British Tesco have all left, and most of the executives who had been in the market have left behind. The Taihua Supermarket Group will also send some senior executives here. This good supermarket group is officially merged into Taihua. The supermarket group is under the command.

Following the announcement by Taihua Holding Group, the shares of the Russian Polar Bear Supermarket Group held by the Group were transferred to the subsidiary Taihua Supermarket Group.

At this point, the annual turnover of Taihua Supermarket Group will exceed 100 billion US dollars. The next step for the Taihua Supermarket Group is to challenge the supermarket giant Wal-Mart!

The global retail giants have been shocked by this news!

......

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