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    Task 1 - Email Template v2

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    ayushkadbe24

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    Task 1 - Email Template v2

    Uploaded by

    ayushkadbe24
    1 views2 pages

    Copyright

    © © All Rights Reserved

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    Copyright:

    © All Rights Reserved
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    Download as docx, pdf, or txt
    1 views2 pages

    Task 1 - Email Template v2

    Uploaded by

    ayushkadbe24

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    To: Anna

    From: Ayush
    Subject: Potential M&A targets for Worldwide Brewing

    Hi Anna,

    Below are descriptions and recommendations of potential M&A targets for Worldwide Brewing.

    Company Description Relevance to Worldwide Recommendation


    Brewing

    HappyHour HappyHour Co. is the largest It has similar operations to Recommend


    Co. player in Singapore and Worldwide Brewing across the
    Malaysia, in the segments of same segments and is the
    beer, spirits and non- leading player in Singapore and
    alcoholic beverages. Its Malaysia, suggesting the
    operations include potential for strategic benefits
    manufacturing facilities, and synergies. It has solid
    distribution and direct sales financial results and an
    and it has demonstrated ownership structure that is
    strong growth in EBITDA in owned by 3 families, rendering a
    FY2020 which was up 20% potential acquisition relatively
    pcp and amounted to simple and feasible. HappyHour
    US$300mm. Co. would be appropriate to
    share.
    Spirit Bay is the largest player It has similar operations to Recommend
    Spirit Bay in Indonesia and the second Worldwide Brewing across the
    largest in Singapore and same segment and is the leading
    Malaysia in the beer, spirits, player in Indonesia and 2nd in
    and non-alcoholic beverages Singapore and Malaysia
    segments. Its operations suggesting strategic benefits and
    include manufacturing synergies over several different
    facilities, distribution, and countries. It has strong financials
    direct sales. It demonstrated and is owned by the Global
    strong growth in EBITDA in sponsor and employees with a
    FY2020, which was up to 40% 60/40 split. Its acquisition
    PCP and amounted to process would be relatively
    US$400mm. simple.
    Hipsters’ Ale operates in They operate in only two Recommend
    Malaysia, Singapore, segments but cover many
    Indonesia, Japan, Korea, and different countries giving a
    Cambodia, in the beer and strategic edge. They are owned
    Hipsters’ spirits segment. Their by 30 independent breweries,
    Ale operations include which might complicate the
    manufacturing facilities, acquisition process. But
    distribution, and direct sales. considering their strong
    They showed strong growth financials, they can be shared.
    in EBITDA in FY2020 which
    was up to 15% pcp which
    amounted to US$200mm.
    Brew Co. operates in They operate only in Malaysia in Not Recommend
    Malaysia in the beer and two segments of beer and
    spirits segment. Their spirits, which doesn’t align with
    operations include only the strategic goal. They are
    Brew Co. manufacturing facilities and listed on the Malaysian stock
    they have EBITDA of exchange and owned by
    US$800mm which is 5% institutional shareholders. Due
    down pcp. to dispersed ownership, its
    acquisition process would be
    complicated.
    Bevy’s Direct operates in They operate in similar Recommend
    Singapore, Malaysia, China, segments to Worldwide Brewing
    Indonesia, Japan, Korea, but only in wholesale
    Cambodia, Australia, and distribution. They operate in a
    Bevy’s New Zealand in the segment range of APAC countries which
    Direct of beer, spirits and non- provide strong geographical
    alcoholic beverages. They reach, strategic benefits, and
    have shown strong growth in synergies. It has strong
    FY2020 EBITDA of 20% pcp financials, and ownership is one
    which amounted to family which will make the
    US$250mm. acquisition process simple.

    Please let me know if you have any further queries.

    Kind regards,
    Ayush Kadbe

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