To: Carlos
From: Anna
Subject: Potential M&A targets for WorldWide Brewing.
Respected sir,
These are some of the companies similar to the operation and manufacturing of WorldWide Brewing , I have
listed . Please look through this and decide the best partner for our company.
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 an Indonesian It has similar operations to Recommend
company operating in beers , WorldWide Brewing to the same
Spirit Bay spirit, and non-alcoholic segments and is number 1
beverages in Singapore, player in Indonesia and number
Malaysia, and China. It’s 2 player in Singapore and
operations and Malaysia. They got their
manufacturing facilities are manufacturing in Indonesia
located in Indonesia. It has along with Distribution, and
reported EBITDA of US$400 Direct Sales. Shareholding is also
mm, which is up 40% from good as 40% are with the
previous. employees and 60% owned by
the Global Sponsors. Spirit Bay
would be appropriate to share .
Hipsters’ Hipster’s Ale company It is one of the largest operation Recommend
Ale operating in Singapore, of Beer and Spirit in the region
Indonesia, Japan, Korea, and Singapore, Indonesia, Japan,
Combodia. They are the Korea, Cambodia and Malaysia.
manufacturer and sell their Its finances are way too good .
product directly. This Their shareholding is also good
company is owned by 30 as they got 30 independent
independent breweries and breweries of shareholders.
has gained 15% EBITDA from Hipsters’ Ale is good to be wook
their previous one to with.
US$200mm.
They are the number 1 player Brew co. is operating in Beer and Not Recommend
in Malaysia . Brew co. deals in Spirits and is one of the largest
the segment of beer and distributer in Malaysia. It is the
Brew co. spirit, but they only operate number 1 alcohol manufacturer
manufacturing . Their in Malyasia. Shareholders are
stockholders are listed on listed on Malaysian Stock
Bursa Malaysia, the stock Exchange. But they are not so
exchange in Malaysia. Their financially stable company .
EBITDA is around US$800 mm They cannot generate profits in
for year 2020 which is this FY. It wouldn’t be
actually down by 5% from appropriate to work with Brew
previous year. Co.
It is actually based from Bevy’s Direct company operates Recommend
Bevy’s Singapore. They operate in similar to WorldWide Brewing
Direct beer, spirits, and non- co. Segments of Beer, Spirits,
alcoholic beverages across Non- alcoholic beverages. It has
Malaysia, China, Indonesia, operated in the region of
Australia, and New Zealand. Malaysia, China, Indonesia,
But they are not the Japan, Korea, Cambodia,
manufacturer of the product Australia and New Zealand. It
they only do wholesale will be very comfortable to do
distribution. Their EBITDA is business as it is owned by one
up by 20% from previous year single family. They got into
to US$250mm. wholesale distribution only and
so it has got good distribution
channel. It would be appropriate
to work with.
VAIBHAV GUPTA
