How to value your distillery
Commercial Spirits Intelligence No.102
This newsletter is a collaboration between Duncan McFadzean of Noble & Co, and Martin Purvis. In this newsletter we leverage our experience, contacts and market intel to provide meaningful analysis that speaks to relevant issues for you.
How does valuation work at this point of the cycle?
There are lots of potential M&A opportunites in the spirits industry. Multiple sources of capital looking to invest/acquire and others needing to sell or raise capital. Distressed situations and others looking to reduce the debt levels. Valuation becomes a sticking point in discussions. In light of that, we have looked again at where valuations are currently, how the cycle changes valuations and what methodologies could be used.