65438+1 October 18 local time, Changyu Company acquired 80% of the shares of Australia Kilikanoon Estate Pty Ltd (hereinafter referred to as Kilikanoon Company) in cash of1billion yuan, and the delivery ceremony was held in Adelaide, South Australia.
Kilikanoon Company owns a wholly-owned subsidiary Kilikanoon Wines, which is the core asset and business acquired by Changyu A..
The shareholding ratio and mode of this acquisition continue Changyu's consistent concept of overseas acquisition of enterprises-80% of the equity of Songnong Winery is acquired and held by Changyu, and the remaining 20% is held by the core management of Songnong Winery, such as general manager and brewer. The daily management and overseas sales of the winery will continue to be the responsibility of the core management of the former Genong winery, and the China market business will be the responsibility of Changyu.
As early as 20 1 7,65438+February, on the evening of 1 1 day, Zhang Yu 'a announced that the company planned to acquire 80% equity of Kilikanoon Company with its own funds of A $20.605 million (equivalent to about RMB1100 million) in cash. It was the day when Sun, the former chairman, resigned.
This is Zhang Yu's fifth overseas acquisition following his acquisition of France's Flando Company, France's Honeydew Winery, Spain's Ai Ou Company and Chile's Magic Lion Company. The completion of this delivery means that Changyu's strategic framework for overseas acquisition is basically completed. In the future, Changyu's global layout will continue.