Varun Beverages Ltd. · NSE:VBL
Varun Beverages — Merger or Acquisition (December 2023)
9 slides from Varun Beverages's merger presentation, Dec 19, 2023
Slide 1: Regulation 30 filing cover letter to stock exchanges
December 19, 2023 To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Block G, C/1, Bandra Kurla Phiroze Jeejeebhoy Towers Complex, Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai – 400 001 Email: cmlist@nse.co.in Email: corp.relations@bseindia.com Symbol: VBL Security Code: 5401
Slide 2: South Africa territory M&A opportunity
(a PepsiCo franchisee) December 19, 2023 South Africa territory M&A opportunity
Slide 3: Table of Contents
Table of Contents (a PepsiCo franchisee) 1 Transaction Overview 2 Soft Drinks Industry Overview 3 About BevCo 4 Brands Portfolio 5 Manufacturing footprint in Africa 2
Slide 4: Transaction Overview
Transaction Overview (a PepsiCo franchisee) ➢ Acquisition of 100% stake in the business conducted by The Beverage Company (Proprietary) Limited, South Africa along-with its wholly-owned subsidiaries ("BevCo"), with an option to accept minority co-investment from large equity fund, subject to regulat
Slide 5: Soft Drinks in SA – Largest market in Africa
Soft Drinks in SA – Largest market in Africa (a PepsiCo franchisee) Largest Soft Drinks Market in Africa…. ….along with one of the highest per capita consumption Industry Volume CAGR (mn 8oz) Per capita consumption of CSD (8oz) 5.3% 3.1% 1,537 Three top per cap markets are part of the deal 1,186 1,0
Slide 6: About BevCo
About BevCo (a PepsiCo franchisee) Sales Volumes-FY23 (8oz Cases mn) – 117mn BevCo has an agreement with PepsiCo to bottle and Energy Drink distribute its products in Southern Africa (Reboost - own brand) Sole Licensed Bottler Distribution Rights 14.6% 17.1 Mn Other Own Brands 17.4 Mn 70.5% Pepsi Br
Slide 7: Brands Licensed and owned by BevCo
Brands Licensed and owned by BevCo (a PepsiCo franchisee) Brands licensed by PepsiCo Own Brands Energy Drink Own Brand PepsiCo Brand
Slide 8: Manufacturing Footprint in South Africa
Manufacturing Footprint in South Africa (a PepsiCo franchisee) ❖BevCo has five manufacturing facilities - two in Johannesburg and one each in Durban, East London and Cape town. ❖Total installed capacity is ~ 3,600 BPM and peak month capacity is ~22 million 8oz cases. ❖There are total 15 beverage man
Slide 9: Thank You!
Thank You!
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