Born In England

"Long Live in England ()"

"So you are the boss of the Li Group!" Baker John was shocked.

He has heard of Li's Arms Company!

I had a hard time with Ying Lun before, and it was a shock at the time.

It is said that the other party also invented airplanes, new machine guns and so on.

It is definitely powerful!

"It's me." Li Lin smiled.

At this time, Baker John's attitude changed drastically after seeing the other party's admission.

Even if the two parties can't make a successful transaction at that time, but they can get to know this person, what if they can win some orders from the other party?

His weapon company, shipyard, etc. all need steel raw materials. If he can supply steel to the other party for a long time, it will definitely be a big customer for his steel company!

"Mr. Li, are you really planning to buy my steel company?"

"Yes, I don't know if you are interested in selling it?"

"Ahem... If the price is right, it's not impossible for us to sell it." Baker John narrowed his eyes.

"How much do you charge?" Li Lin asked back.

"Our company has an annual output of 350,000 tons of steel and has three iron mines! It can be said that the iron ore that these three iron mines can produce each year is enough for 80% of our company's raw materials. In previous years, we only needed Iron ore companies import 20% of raw materials, and our steel company has almost a one-stop industrial chain from the development of raw materials, transportation to steelmaking products.”

"So our price is not low, at least 32 million US dollars!" Baker John said.

This is the estimated market price when they wanted to sell it!

"32 million US dollars?" Li Lin pondered for a while after hearing this.

at current exchange rates.

That's £6.4 million!

"Yes! If you buy our company, it will be packaged and sold to you together with the three iron ore mines. A total of 32 million US dollars!" Baker John was afraid that the other party would be shocked by the price, so he quickly explained.

"Okay, let's go back and make an estimate. I'll come back in a week." Li Lin nodded.

"Good!" Baker John nodded.

...

After returning, Li Lin asked several accountants and several people to investigate the market situation, and at the same time investigate the market valuation of John Steel Company and so on.

In a flash, a week has passed.

Still John Steel.

"Mr. Baker John, we have also estimated your company. We found out that there are problems with your two iron mines, and the value is not as high as you said. In addition, the steel industry is not very good now. You I think the price of 32 million US dollars is too expensive! I am willing to pay 30 million US dollars for the acquisition, please think about it." Li Lin said straight to the point.

"30 million US dollars?" Baker John frowned when he heard this.

To be honest, the price of 32 million US dollars he gave before is already a little lower than the market price.

If placed 2 years ago, his market value would have definitely exceeded 40 million US dollars!

However, due to the market problems two years ago, coupled with the fact that his company had some operating conditions, he only asked for a price of 32 million US dollars.

Thirty million dollars, to be honest, he hesitated.

The price is a little lower!

"Mr. Baker John, you have to know that at present, it is estimated that few people are willing to take over such a large company, so 30 million US dollars is only 2 million US dollars less. In fact, I think it is not too much." Li Lin said with a smile.

The steel industry will have to wait a few years for the Morgan family to turn the tide before ushering in a blowout development again.

"I want to discuss with the shareholder meeting." Baker John thought for a while.

Although he is the largest shareholder of this company, he still needs to discuss with a group of shareholders when it comes to selling the company.

"Okay, I can wait." Li Lin nodded.

Three days later.

Baker John agreed to sell anyway!

For 30 million US dollars, the entire company plus three iron mines were packaged and sold to Li Lin!

That's £6 million in pounds!

After acquiring the company, Li Lin did not make any drastic reorganization.

Some of the senior executives are still retained and let them continue to manage the company.

He is also not worried about the company's business problems in the future.

After all, his shipyards, weapons factories, etc., need a lot of steel. The left hand of the direct steel company is sold to the right hand of the weapon company, and there is a lot of business, which can support the company's stable development to a certain extent!

Of course, other sales businesses still need to continue to develop and stabilize.

His arms company and shipbuilding company will definitely not be able to have an annual output of 350,000 tons of steel.

In addition, in addition to this requirement, he also asked the R\u0026D department of the steel company to keep pace with the times and develop new steel forging technologies.

In the next month, Li Lin successively acquired three small and medium steel companies.

One of them is a company with an annual output of 100,000 tons of steel.

The other two are annual output of 50,000 tons and 40,000 tons respectively.

The three companies spent a total of 2.5 million pounds to acquire!

After this trip, Li Lin spent a total of 8.5 million pounds!

Now in his small coffers, there are only about 11 million pounds of liquidity left.

...

Lee's Steel Company.

That's right, what was originally John's Steel is now called Lee's Steel.

meeting room.

Originally, the backbone of the company's iron ore exploration was here.

A total of more than thirty people.

The director of exploration among them is an old professor of geology in his sixties named Spencer.

"Professor Spencer, next I want you to go to the University of Ghana to explore iron ore!"

"The main scope of your detection is Noblek, Shaverville and Labrador City on the Labrador Plateau." Li Lin said.

This was recorded in the geography book when he was studying in his previous life. He loved to study geography in his previous life, so he still vaguely remembers it.

"ah?"

"Boss, most of the iron mines over there are mainly concentrated near Harvard St. Pierre in Quebec, as well as Newfoundland and Vancouver Island." Spencer was taken aback.

"I know, but I don't know how many exploration teams have been there over the years. Almost everything that is easy to find has been found. You guys try your luck. I'm afraid it will be very difficult. Why don't you go to the place I mentioned? , believe me, there may be unexpected gains." Li Lin said.

"But..." Spencer really wanted to ask, do you understand as a layman?

But he didn't dare to refute the boss's words.

"Okay, I will personally lead the team to investigate!" Spencer nodded.

If we can obtain exploration, buy land, and obtain mining rights, it is not impossible to open a steel company there.

Because the raw material is closer!

Anyway, Li Lin is definitely going to do something about the steel industry.

Even, in the future, they will enter the downstream steel industry, such as railways and other industrial chains that require a lot of steel.