Extraordinary Genius

Chapter 1776 Expansion of Taihua Supermarket

Feng Yu leaned lazily against the sofa and looked at the large screen on the wall, which showed Ralph's figure.

“No news yet? ”

Ralph bowed down slightly and replied, "Not yet. However, several more executives resigned from the two housing groups, which, according to our analysis, has been a few days. ”

Feng Yu nodded: “Well, keep an eye on it, it's very important, it's about a lot of our investment. By the way, did you sign that supermarket contract? ”

Finally, we agreed with the UK's Easy Buy Supermarket Group to buy all the shares in this chain in the US. Ralph talked about this a long time and did a lot of work.

And not too much premium, after all, the global economy is falling, even this acquisition price is a little lower than Feng Yu expected.

“It was agreed that the contract would be signed half an hour later, requiring the next day's acquisition to be in place and the contract would enter into force. ”

“Ok, Zongqing first has flown over, you will sign the contract soon, Zongqing first will put the funds into the account of Storm Holdings. ”

This supermarket group in the US, although smaller than Wal-Mart and Carrefour, is also small thanks to the development of the North American supermarket industry.

Once merged into the Taihua Supermarket Group, the Taihua Supermarket Group will lose Carrefour and have a chance to catch up with Wal-Mart. Second in the world, this is not yet enough for Feng Yu. The world is first, and undisputed first, and this is Feng Yu's goal.

Nor can this be done if the Warsaw market is completely occupied or even monopolized. With the financial resources of the shareholders of Fengyu and Taihua Supermarket Group, it is perfectly possible to make the expansion of Taihua Supermarket Group a little faster. Supermarkets can be opened to every level, and even every level can have several, so that there are no other supermarket chains and there is no room for survival.

Now there are less than 1,000 supermarkets in Taihua Supermarket Group, but there are about 4,000 in Taihua Supermarket, even then, many cities do not have Taihua Supermarket.

As long as Taihua Supermarket Group demonstrates its intention to invest in those cities, the leaders of those cities will surely welcome each other, who doesn't know the profitability of Taihua Supermarket Group.

Good profitability also means high taxes. What's more, it can drive a business circle, pull infrastructure and increase employment. These figures, too, are the performance of those leaders.

However, Feng Yu did not intend to do so, to give other enterprises 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.

We don't pick each other's brands, we don't pick each other's business conditions, we pick locations.

The location is good enough to make money with the Taihua Supermarket Group business model combined with brand effects and cost controls.

And it's simpler, it's more rational to invest, and it doesn't get criticized by other colleagues.

Domestic expansion cannot go too far, so there is only one option to expand abroad. Eastern Europe has the Polar Bear Supermarket Group, and the equity of this supermarket group has been transferred to Taihua Holdings, but has not been merged into Taihua Supermarket Group.

None of the other shareholders could afford enough money at that time, and if the merger were to take place, the other shareholders' equity would inevitably be severely diluted. They said that listing finance would eat Polar Bear Supermarket Group's equity, but Feng Yu disagreed.

Besides, the big shareholder of the polar bear supermarket group is Kirilenko, and they're just in stock, so the other shareholders say wait. When they raise money for two years, if they still can't get enough money, then accept that the equity is diluted.

Today, the profitability of Taihua Supermarket Group has grown rapidly, and the development of Huaxia has fallen into a small bottleneck, which is a good time to expand outwards.

Guangwei persuaded his old beans to combine the direct price of their home supermarket with that of Taihua Supermarket Group, owning hundreds of supermarket chains such as Xiangjiang, Portuguese, Baoshima, Nanyang, Thailand, and the location is very good, the turnover is high, and the value is still not low.

More importantly, expanding the business network of Taihua Supermarket directly to several countries in Southeast Asia is also very beneficial for enhancing the brand value of Taihua Supermarket.

Fu Guangwei prefers to take out all of his family's supermarket brands and ensure that his equity is not diluted. Besides, this is the only way he can truly become chairman and CEO of the Taihua Supermarket Group and not count as abandoning their traditional industry.

In terms of supermarket management, none of Feng Yu's subordinates can be better than him, even the Li family can't do it. Can such small shops as the District Chief's be managed like the supermarket?

Now that we hear that Feng Yu is acquiring a large supermarket chain in North America and was once a stakeholder in one of the largest supermarket groups in the UK, we can see that this supermarket group is really worth a lot.

While it would be premium to buy from a UK supermarket group, in the long run, it would definitely not be a loss. Especially after merging into the Taihua Supermarket Group, it is a premium asset combination, which has great benefits for the overall strength of the Taihua Supermarket Group.

One day, I will be at the helm of the world's first supermarket group. Think about it and get Fu Guangwei excited. How could you refuse to merge your family's supermarket chain into Taihua Supermarket Group?

Fu Rongbing even thought that, although he did not have the financial talent of a big man, he could not cooperate with Feng Yu to invest in finance, only to follow the wind.

Not as lucky as the fine man Fu Rong went into the house, he met Feng Yu early on and got a lot of opportunities.

But his son is just as brilliant as Guangwei, and after becoming the helmsman of Taihua Supermarket Group in the future, he will certainly be able to make a difference.

I didn't know he was old enough to have a father-son expensive day. He's happy and proud!

To do this, he was willing to sell his family's supermarket chain and go back in time, as well as sell other properties under his name to support his son.

Even he went to the big man to pay Rongqi to talk. If the money is not enough, Rongqi will lend them a sum of money to help his nephew become the helmsman of Taihua Supermarket Group.

In this way, Fu Guangwei can also become vice president of Taihua Holdings Group. Maybe he can also enter the board of directors, just like Fu Guangzheng.

An hour later, Fu Guangwei received a call from Zongqing Xian, a supermarket group called Good City, which was finally fully acquired.

All the executives of UK Te Yi Shop have left, most of the executives of the original Taihua supermarket group will be left behind. There will also be some executives on the Taihua supermarket group, which is officially merged into Taihua supermarket group.

Immediately following the announcement by Taihua Holding Group, the Group's shares in the Russian Polar Bear Supermarket Group were transferred to the subsidiary Taihua Supermarket Group.

As a result, the annual turnover of Taihua Supermarket Group will exceed hundreds of billions of dollars. The next step for Taihua Supermarket Group is to challenge Wal-Mart, the super giant in the supermarket industry!

The world's retail giants were shocked by the news!

……