In the next few days, Chen Zhiwen continued to fly around the Wage Farm in a helicopter. When he came across a suitable location, he came down to camp.
The people around them, in addition to their own bodyguards, were also several professional "BBQ experts" from Wage Farm. They knew that the person in front of them might be their future boss. In order to make a good impression on the new boss, they did something Despite his best efforts, many of the wild game on Wagga Farm suffered.
Compared with other buyers, Chen Zhiwen is obviously much more relaxed. At least in terms of funds, he can make a one-time payment. Although most of them are bank money, there is no difference to the Wager family. Several other potential buyers have long payment cycles.
This is actually normal. Funds of hundreds of millions of dollars are also a very large amount of funds for non-first-tier large companies in the United States. Such transactions, even if bank credit is used, are very conservative. Many are installment transactions to ease funds. pressure.
The Wage family was in heavy debt and urgently needed enough funds to alleviate it. The business negotiation team hired by Chen Zhiwen discovered this and used it as bait to keep pressing down on the deal. In the end, the two parties settled for US$135 million. transaction price.
For farms, office buildings, etc. in the United States, foreign capital acquisitions only require mutual consent. The U.S. Department of Commerce will not care about such matters, and will even encourage foreign capital to invest in industries that have little impact on national security or information security. , who comes to give money, who would refuse? This type of real estate will not be transferred to other countries like high technology.
With the confirmation of lawyers from both parties and third-party review agencies, Chen Zhiwen signed the acquisition contract. Since then, he has become the largest farm owner in the United States.
For this transaction, he only needed to pay US$30 million in cash. The other funds were borrowed from JPMorgan Chase Bank. If he could use the bank's money, he would not use his own. This is Chen Zhiwen's investment principle. He would rather have money in his hands. A large amount of funds must be operated in this way, and the interest generated by the loan can also be taxed to a certain extent.
"Congratulations, Mr. Chen, for becoming the owner of Wage Farm, the largest farm in the United States." After Dan Wage confirmed that his account had the first amount of funds, he felt relieved. The amount of this transaction was indeed He expected it, but being able to trade quickly is also a very big advantage. In today's era of high inflation with interest rates as high as 15 points, liabilities will expand like a snowball every night. Now with this funds, There is no problem anymore.
However, he is still a little reluctant to part with this century-old farm that has been in his family. It can be said that it is the place where his generation grew up.
"Both and each other, with such a large amount of funds, Mr. Wague can do what he wants to do." Chen Zhiwen said with a smile.
"There is nothing we want to do. The only pursuit of us people in this life is to preserve the wealth passed down by our ancestors." Danwag said helplessly.
"It is indeed difficult." Chen Zhiwen nodded and said. In the inheritance of wealthy families, big problems may generally occur within a few generations. This is a problem that occurs almost everywhere in the world.
I actually had this idea in mind when I purchased this farm. In addition to purchasing a large amount of land, large areas of land are eternal wealth. Although there is not much room for growth, far less than real estate or even investment, it can be regarded as the most conservative option. The most stable investment is using bank funds anyway. In a few years, bank interest rates will drop and international food prices will rise. There will definitely be a lot of profit margins for very large farms.
Unless the legendary controllable nuclear fusion can be commercialized in the 21st century, the global output of food and meat will still depend on the environment such as land, sun, water, etc. Then farms are an eternal necessity and will not fall even if they fall. It’s too harsh. Besides, when Asia’s economy rises in the future, the demand for food will only be higher.
"Okay, the transaction has ended. We will completely move out within half a month as stipulated in the contract. All employees will stay. I hope Mr. Chen can keep them. They are all good at managing the farm. Danwag said again.
The transaction between their family and Chen Zhiwen was purely an ordinary transaction. Unlike the acquisition of a factory, which may involve labor union and employment issues, the contract of the transaction did not include any issues on how to deal with employees. However, many employees on the farm today are They were his former subordinates, not friends at all, but they had some friendship, so it was natural for them to hope that everyone could continue to be the same as before.
"Don't worry, I need professional people to manage it." Chen Zhiwen nodded and said.
An hour later, the lawyers from both sides left, and the Wager family began to pack up and prepare to move out. After all, they did not expect that the farm worth hundreds of millions of dollars would be sold so quickly.
"Hello, Mr. Chen, my name is Tam, and I am the current manager of Wage Farm." A blond man about 50 years old, quite strong, but looking like an employee of a large company came over. said politely.
"Tam? You shouldn't have been working on this farm, right?" Chen Zhiwen asked.
"Yes, I am a professional manager who specializes in farm management. I was invited by the Wager family to manage Wager Farm three years ago. However, I am also from Texas and I also stayed on the farm when I was a child." Tam introduced.
"Okay, then what do you think, how can Wagner Farm maximize its profits?" Chen Zhiwen asked.
Although investing in Wage Farm, the greater interest is to obtain this land with an area as large as two Hong Kongs. After all, the Chinese love land in their hearts. Even their own villa in Hong Kong, which costs tens of thousands of Hong Kong dollars per foot, is My mother planted some onions and garlic.
But now that he has acquired it, he can't really leave it here alone. He must use it no matter what. After all, only a small area is enough to give him a vacation.
Tam was obviously ready and said: "Mr. Chen, the area of Wage Farm is very large. From an economic point of view, it is most cost-effective to engage in cattle ranching. The investment cost is much lower than growing food, and it is also economical." It will not have a big impact on the existing environmental layout. Although the U.S. economy has not been very good in the past two years, people's demand for beef is still very high. Our farm itself also has a slaughterhouse, but they all require a certain amount of investment. To expand the scale, we need to recruit more people.”
"Animal husbandry? Okay, I heard Danwag say before that if we want to expand the scale of animal husbandry, we need to invest in digging several artificial lakes?" Chen Zhiwen asked.
"Not only the artificial lake, but if the scale of livestock farming expands too much, our entire farm will need to be wrapped with barbed wire to prevent the cattle from getting lost or being attacked by wild predators. Some people may even try to kill the cattle." Mu said.
"How much funding is needed?" Chen Zhiwen asked.
"In the past two years, the Wager family has made a budget, which requires about 20-30 million US dollars. According to this plan, after this money is invested, our farm can easily herd 500,000 cattle. In the future, with more experience, we can It is not impossible to exceed 10,000. If they are all beef cattle, it will account for 5% of the entire US demand." Tam said with a smile.
"It's impossible to have such a big market vacancy. What do you think about raising dairy cows?" Chen Zhiwen asked again.
There are tens of millions of cattle in the United States every year, most of which are dairy cows. Because milk is consumed by many people in the United States as water, and again, basically everyone drinks it for breakfast. This is the largest market for the milk industry. Even in the 21st century, when China's economy has developed to the second largest economy in the world with a population of 1.4 billion, the demand for milk is far lower than that of the United States.
In Hong Kong, Chen Zhiwen established Yili Dairy to enter the dairy market, but the main purpose is the future mainland and nearby Southeast Asia. After all, as long as Hutchison Whampoa's retail supermarkets open in Southeast Asia, then through terminal channels, his own The milk can be sold. After being processed by the European Tetra Pak Group's special production line, the milk can be stored for half a year.
As for the largest market in the United States, Chen Zhiwen knew that he could only find opportunities in the United States.
"We have no experience in the breeding and subsequent processing of dairy cows, but if you want to try it, I can go to a few of my friends who have experience in this area." Tam thought for a while and said.
"No rush, we have to dig an artificial lake anyway. You can take charge of bidding for this matter first. I will send a financial officer to assist you. As for the barbed wire and so on, I will purchase it from Asia and then transport it to a port near here. Inside the farm If so, let’s expand the breeding of beef cattle for the time being.” Chen Zhiwen thought for a while and said.
There is no need to buy things like barbed wire in the United States. The cost of the steel industry in the United States is too high, and currently it is basically dominated by high-end steel. Although domestic steelmaking is a bit poor, there shouldn't be any problem with this kind of barbed wire that doesn't have many requirements. Even with the freight, it can be much cheaper.
With such a large land area, in fact, as long as the funds are in place, there is no problem in becoming the largest cattle farm in the United States. Even if it is a small goal first, if it acquires other farms in the future and expands in this field, it is also a good choice.
At present, he still has a lot of funds in the United States. In addition, he will try his best to use loans when investing, and his companies will continue to make money in the United States in the future. Too much funds will not be easily transferred out immediately. If this goes on for a long time, it will definitely be targeted. After all, there is a lot of money involved, especially in games, electronics, beverages, and retail. The scale of each business is now enough to attract the attention of the highest level in the United States. Making money from only one country Not investing is definitely not a long-term development strategy.
Therefore, he needs a large number of investable objects in the United States. However, future technology companies are still small in scale and cannot accommodate much capital. Several suitable traditional companies such as Coca-Cola and General Electric have not yet reached the investment time, and real estate will not be available. It's appropriate. With the current interest rate, house prices will continue to fall in the next five years. So, when there are not many choices, investing in land is a good choice.
Maybe by accident, I can become the largest landowner in the United States.
PS: It’s the last day to ask for monthly tickets.
(End of chapter)
