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Task 1 - Email Template v2

The email discusses potential M&A targets for WorldWide Brewing, evaluating companies based on their operations, financial performance, and relevance. HappyHour Co. and Spirit Bay are recommended due to their strong growth and strategic fit, while Hipsters' Ale and Brew Co. are not recommended due to unclear shareholder structures and declining performance. Bevy's Direct is also recommended for its solid financial results and ownership structure.

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Hân Trần Gia
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9 views2 pages

Task 1 - Email Template v2

The email discusses potential M&A targets for WorldWide Brewing, evaluating companies based on their operations, financial performance, and relevance. HappyHour Co. and Spirit Bay are recommended due to their strong growth and strategic fit, while Hipsters' Ale and Brew Co. are not recommended due to unclear shareholder structures and declining performance. Bevy's Direct is also recommended for its solid financial results and ownership structure.

Uploaded by

Hân Trần Gia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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To: Anna

From: Hana
Subject: Potential M&A Targets

Dear Anna

I hope this email find you well. I have some comments about these potential companies for consideration and
you can see it with a table below

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 larger player It has similar operations to Recommend
in Indonesia and top 2 in WorldWide Brewing across the
Singapore and China, in the same segments and is the
Spirit Bay segments of beer, spirit and leading player in Indonesia,
non-alcoholic beverages. Its suggesting the potential for
operations include strategic benefits and synergies.
manufacturing facilities, It has solid financial results and
distribution and direct sales, has a shareholder’s structure
and it has demonstrated that is owned by Global Sponsor
strong growth in EBITDA in with 60% and the rest owned by
FY2020 which was up to 40% employee.
pcp and amounted to
US$400mm.
Hipsters’ Ale has many It has similar operations to Not recommend
locations throughout Asia WorldWide Brewing and its
with the segments in beer locations throughout Asia that
Hipsters’ and spirits. Its operation matchs with our client’s need.
Ale include manufacturing Although the growth is good,
facilities, distribution and shareholders’ structure is
direct sales, and it unclear and we don’t know how
demonstrated strong growth much shares each brewery
in EBITDA in FY2020 which owns.
was up tp 15% pcp and
amounted to US$200mm
Brew Co is the largest player Its shareholders mostly Not recommend
in Malaysia, in the segments institutional shareholders
of beer and spirits. Its
Brew Co operations just have
manufacturing facilities. The
EBITDA decline 5% than the
previous year.
Bevy’s Bevy’s Direct has many It has solid financial results and Recommend
Direct location throughout Asia and owner shareholders structure
Australia. Its operations just which is owned by one family. It
have wholesale distribution. has many locations in Asia and
It demonstrated strong even in Australia
growth in FY2020 which was
up to 20% and amounted in
US$250

Warm regards,
hana

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