They were mutually attracted and hit it off immediately.
Finally, Tiangong Technology acquired Lamborghini for $150 million.
Although Lamborghini is famous in the sports car market, it is a small company that doesn't sell many cars a year. Italy and even the European Union will not hinder Tiangong Technology's acquisition of Lamborghini because of the company.
However, the news still surprised the industry, and Volvo Group CEO Gary Mathilda was particularly alarmed, as his worst fears had come true...
Tiangong Technology doesn't play games; it's for real.
...
Fan Boming immediately went to the UK after completing the acquisition of Lamborghini.
Upon arriving in the UK, he immediately launched an acquisition of Rolls-Royce Motor Cars.
Rolls-Royce Motor Cars was also on the verge of bankruptcy, and the glory of the Spirit of Ecstasy was over.
At that time, Rolls-Royce Motor Cars was still a state-owned enterprise, and the British authorities immediately discussed the matter.
The relevant person in charge said: "Rolls-Royce Motor Cars has been losing money for years and has become a burden on the government. Since Tiangong Technology wants to acquire it, why not sell it to them!"
"Furthermore, our country is implementing a privatization policy, and this can be seen as a response to that policy..."
As soon as he finished speaking, many people chimed in to agree.
"I agree!"
"I agree!"
In recent years, the British government has been running deficits year after year, and its spending is insufficient to cover its expenses. Therefore, it is necessary to accelerate the privatization of enterprises and sell off companies that are losing money.
Rolls-Royce is the most famous luxury car in Britain and even the world.
However, it is not large in scale, with a market value of only a few hundred million US dollars.
Wujiang Group wields considerable influence in the UK, with interests spanning telecommunications, retail, and the internet, holding a pivotal position.
Selling the Rolls-Royce back to them wouldn't be a big deal.
In fact, when Fan Boming met with British officials, he stated frankly that Wujiang Group would increase its investment in the UK in the future, such as in hydropower, transportation, and real estate...
British officials were overjoyed upon hearing this, making the obstacles to Tiangong Technology's acquisition of Rolls-Royce Motors virtually negligible.
Therefore, Tiangong Technology's acquisition of Rolls-Royce Motor Cars went very smoothly, and the acquisition was eventually completed for $750 million.
Rolls-Royce Motor Cars owns two car brands: Rolls-Royce Motor Cars and Bentley Motors, both of which are world-renowned luxury car brands.
Unlike the acquisition of Lamborghini, Tiangong Technology's acquisition of Rolls-Royce caused a great sensation in Europe.
European media outlets have widely reported on this.
The topic has also sparked heated discussions online.
"I think it's the most appropriate thing for Rolls-Royce Motors to be acquired by Tiangong Technology, a subsidiary of Wujiang Group. We all know that Wujiang Group has strong financial resources and world-leading technological strength. It is one of the most innovative companies in the world! Rolls-Royce Motors will definitely grow stronger and regain its glory under its leadership!" said a British netizen.
"I am also very optimistic about this acquisition and look forward to Rolls-Royce launching a blockbuster new model!!!"
"..."
Chinese mainland.
Numerous media outlets have reported on Tiangong Technology's acquisition of Rolls-Royce Motor Cars, and have explained to everyone just how awesome and prestigious Rolls-Royce is.
Even the Mercedes-Benz "Tiger Head" is no match for a Rolls-Royce.
This was reported by the media.
The Chinese public is in shock!!!
I never expected that Tiangong Technology Company would be so powerful, acquiring a company even more impressive than Mercedes-Benz. I feel incredibly proud and honored!
"Tiangong Technology Company has truly brought glory to our nation! Look, they've even acquired the most advanced luxury cars from Britain!!! A hundred years ago, the British bullied us, but now that our country is strong, we'll bully them back and buy up all the good stuff from Britain!!!"
"Hahaha, I'm so happy to see that the Queen of England's car will be made in China from now on!"
"..."
For Tiangong Technology, having successively acquired Lamborghini and Rolls-Royce, the next step is to introduce their advanced car manufacturing technologies to improve Tiangong Technology's car manufacturing capabilities.
However, Zhao Ye was still not satisfied and wanted to acquire more European car companies.
However, considering that Tiangong Technology had suffered a setback in its acquisition of Volvo Group, and that the EU might not agree to sell a large car company to Tiangong Technology, Zhao Ye changed his approach.
They acquire shares and technology in car companies through investment, sales channels, orders, and promotional resources.
In this way, the goal can be achieved relatively easily.
The correct development path for Tiangong Technology should be: introduce technology, improve its own car manufacturing capabilities, and then launch its own brand!
Instead of going to great lengths and spending exorbitant prices to acquire a car group.
Not to mention the high risks and thankless tasks, political factors may even lead to a complete waste of time and energy, hindering one's own development.
Therefore, Zhao Ye changed his approach and set his sights on Mercedes-Benz, a company with stronger technological capabilities.
After leaving England, Fan Boming went to Germany and arrived at the headquarters of Mercedes-Benz in Stuttgart.
At that time, Mercedes-Benz was called Daimler and had not yet merged with Chrysler in the United States. Its market value was over 30 billion US dollars, making it the number one car company in Germany.
Daimler's executives and shareholders were well aware of Tiangong Technology's true intentions; they knew there was absolutely no way they would allow the company to acquire them.
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
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