Andrew Peller Ltd T.ADW.A

Alternate Symbol(s): ADWPF | T.ADW.B

Consumer Defensive Beverages - Wineries & Distilleries

Andrew Peller Limited is a producer and marketer of wines and craft beverage alcohol products in Canada. With wineries in British Columbia, Ontario and Nova Scotia, the Company markets wines produced from grapes grown in Ontario’s Niagara Peninsula, British Columbia's Okanagan and Similkameen Valleys, and from vineyards around the world. Its premium and ultra-premium Vintners' Quality Alliance brands include Peller Estates, Trius, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Black Hills Estate Winery, Tinhorn Creek Vineyards, Gray Monk Estate Winery, Raven Conspiracy and Conviction. It imports wines from various wine regions around the world to blend with domestic wine to craft these products. It also produces craft beverage alcohol products, including No Boats on Sunday ciders and seltzers, and various spirits and cream whisky products under the Wayne Gretzky No. 99 brand. It produces and markets premium personal winemaking products through its subsidiary, Global Vintners Inc.

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Andrew Peller Ltd > Duckhorn bought

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Comment by Puma1backon Oct 09, 2024 4:11pm

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Post# 36259941

RE:RE:Duckhorn bought

First off Duck has more than 4 times the asset base so we are comparing different beasts in the same sector

the transaction took Duckhorn which was trading at about 70% of bookvalue to a 125% of book value.

much stonger ebitda though - at 30% looks like double the last qtr for ADW at 15% but ADW margin momentum is upward.

ADW has substantially higher relative debt load and related carrying costs - even after sale of Port Moody, ADW still has 3 times the relative debt - these guys should have issued stock from Treasury during covid like Duck did - they would have had a clean a balance sheet.

interesting that sale has taken place subsequent to the Duckhorn family letting go of the control reins.