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6 views2 pages

Task 1 - Email Template v2

Uploaded by

2nhhckkkrp
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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To: Anna

From: Salina
Subject: Overview of Potential M&A targets in Asia

Dear Anna,

I hope this message finds you well. I have reviewed the five targeted companies we discussed and compiled
concise descriptions for each. You may find a brief overview below. Please let me know if you need further
details on any specific 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 Spirit Bay is the largest player It has reported an increase in Recommend
in Indonesia and second in EBITDA to US$400 million,
Singapore and Malaysia, highlighting its robust growth
focusing on beer, spirits, and potential in Southeast Asia. Its
non-alcoholic beverages. integrated operations and
With manufacturing, strategic focus on cost-cutting
distribution, and direct sales provide valuable insights for
operations, it reported an Worldwide Brewing.
EBITDA of US$400 million for
FY2020, up 40% year-on-year.
Hipsters’ Hipsters’ Ale is It reflects the rising demand for Recommend
Ale headquartered in Malaysia diverse beverages among the
and operates in Singapore, growing middle class. With an
Indonesia, Japan, Korea, and innovative consortium of 30
Cambodia, focusing on beer independent breweries and a
and spirits. Its operations solid EBITDA of US$200 million,
include manufacturing it offers insights and competitive
facilities, distribution and dynamics for Worldwide
direct sales. Owned by 30 Brewing’s expansion strategy.
independent breweries, it
reported an EBITDA of
US$200 million for FY2020,
up 15% year-on-year.
Brew Co. Brew Co., headquartered in Despite being Malaysia's leading Do not recommend
Malaysia, is the leading alcohol manufacturer, it
alcohol manufacturer in the experienced a 5% EBITDA
country, focusing on beer and decline to US$800 million in
spirits. Listed on the FY2020, raising concerns about
Malaysian stock exchange its growth potential. This
with primarily institutional downturn, coupled with market
shareholders, it reported an instability, could pose risks for
EBITDA of US$800 million for Worldwide Brewing's expansion
FY2020, down 5% year-on- in Southeast Asia.
year.
Bevy’s Bevy’s Direct, based in With a 20% EBITDA increased to Recommend
Direct Singapore, operates in US$250 million in FY2020 and
Malaysia, China, Indonesia, operations across multiple
Japan, Korea, Cambodia, markets, their focus on
Australia, and New Zealand, wholesale distribution aligns
focusing on beer, spirits, and with emerging consumer trends.
non-alcoholic beverages. As a Partnership could enhance
wholesale distributor, it is Worldwide Brewing’s presence
owned by one family and in the Asia-Pacific region.
reported an EBITDA of
US$250 million for FY2020, a
20% increase year-on-year.

Best Regards,
Salina Tang
Managing Director

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