Eco-Growth Strategies, Inc. Acquires Assets of Hawaiian Isles Water
Eco-Growth Strategies, Inc (OTC PINK:ECGS) has acquired the assets of Hawaiian Isles Water (HIW), a 29-year-old bottled water brand based in Aiea, HI. The acquisition includes all branding/IP, bottling equipment, and raw materials inventory, valued at approximately $6M USD.
ECGS has executed a new lease on HIW's facility, the 2nd largest bottled water plant near Honolulu, which spans 55,000 square feet with capacity to generate up to $100M through additional equipment installations. The company has invested approximately $1.2M in retrofitting the plant.
HIW was operating at a run rate of approximately $15M with adjusted Net Income of approximately $2M in FY 2023. ECGS plans to maintain existing customers while expanding through new co-branding/bottling opportunities, with expectations to add approximately $30M in additional revenue and $7M in net income by the third quarter.
Eco-Growth Strategies, Inc (OTC PINK:ECGS) ha acquisito gli asset di Hawaiian Isles Water (HIW), un marchio di acqua in bottiglia con 29 anni di storia, con sede ad Aiea, HI. L'acquisizione include tutto il branding/IP, l'attrezzatura per l'imbottigliamento e l'inventario delle materie prime, per un valore di circa 6 milioni di dollari USA.
ECGS ha firmato un nuovo contratto di locazione per l'impianto di HIW, il secondo più grande stabilimento di acqua in bottiglia vicino a Honolulu, che si estende su 55.000 piedi quadrati con una capacità di generare fino a 100 milioni di dollari attraverso ulteriori installazioni di attrezzature. L'azienda ha investito circa 1,2 milioni di dollari per ristrutturare l'impianto.
HIW operava con un tasso di produzione di circa 15 milioni di dollari e un reddito netto aggiustato di circa 2 milioni di dollari nell'anno fiscale 2023. ECGS prevede di mantenere i clienti esistenti mentre si espande attraverso nuove opportunità di co-branding/imbottigliamento, con aspettative di aggiungere circa 30 milioni di dollari in entrate aggiuntive e 7 milioni di dollari in reddito netto entro il terzo trimestre.
Eco-Growth Strategies, Inc (OTC PINK:ECGS) ha adquirido los activos de Hawaiian Isles Water (HIW), una marca de agua embotellada con 29 años de historia, con sede en Aiea, HI. La adquisición incluye toda la marca/IP, el equipo de embotellado y el inventario de materias primas, valorados en aproximadamente 6 millones de dólares estadounidenses.
ECGS ha firmado un nuevo contrato de arrendamiento para la instalación de HIW, la segunda planta de agua embotellada más grande cerca de Honolulu, que abarca 55,000 pies cuadrados con capacidad para generar hasta 100 millones de dólares a través de instalaciones adicionales de equipos. La empresa ha invertido aproximadamente 1.2 millones de dólares en la modernización de la planta.
HIW operaba con una tasa de producción de aproximadamente 15 millones de dólares y un ingreso neto ajustado de aproximadamente 2 millones de dólares en el año fiscal 2023. ECGS planea mantener a los clientes existentes mientras se expande a través de nuevas oportunidades de co-branding/embotellado, con expectativas de agregar aproximadamente 30 millones de dólares en ingresos adicionales y 7 millones de dólares en ingresos netos para el tercer trimestre.
Eco-Growth Strategies, Inc (OTC PINK:ECGS)는 하와이 아이슬랜드 워터( HIW)의 자산을 인수했습니다. HIW는 하와이 아이에아에 본사를 둔 29년 된 생수 브랜드입니다. 인수에는 모든 브랜딩/IP, 병입 장비 및 원자재 재고가 포함되며, 가치는 약 600만 달러입니다.
ECGS는 하와이 아이슬랜드 워터의 시설에 대한 새로운 임대 계약을 체결했으며, 이는 호놀룰루 근처에서 두 번째로 큰 생수 공장으로 55,000 평방피트의 면적을 차지하고 있으며, 추가 장비 설치를 통해 최대 1억 달러를 생성할 수 있는 능력을 가지고 있습니다. 이 회사는 공장을 개조하는 데 약 120만 달러를 투자했습니다.
HIW는 2023 회계연도에 약 1500만 달러의 생산율과 약 200만 달러의 조정 순이익을 기록했습니다. ECGS는 기존 고객을 유지하면서 새로운 공동 브랜드/병입 기회를 통해 확장할 계획이며, 3분기까지 약 3000만 달러의 추가 수익과 700만 달러의 순이익을 추가할 것으로 예상하고 있습니다.
Eco-Growth Strategies, Inc (OTC PINK:ECGS) a acquis les actifs de Hawaiian Isles Water (HIW), une marque d'eau en bouteille âgée de 29 ans, basée à Aiea, HI. L'acquisition comprend toute la marque/IP, l'équipement d'embouteillage et l'inventaire des matières premières, évalués à environ 6 millions de dollars américains.
ECGS a signé un nouveau bail pour l'installation de HIW, la deuxième plus grande usine d'eau en bouteille près d'Honolulu, qui s'étend sur 55 000 pieds carrés et a la capacité de générer jusqu'à 100 millions de dollars grâce à des installations d'équipement supplémentaires. L'entreprise a investi environ 1,2 million de dollars dans la modernisation de l'usine.
HIW fonctionnait à un taux de production d'environ 15 millions de dollars avec un revenu net ajusté d'environ 2 millions de dollars pour l'exercice 2023. ECGS prévoit de maintenir les clients existants tout en s'étendant grâce à de nouvelles opportunités de co-branding/embouteillage, avec des attentes d'ajouter environ 30 millions de dollars de revenus supplémentaires et 7 millions de dollars de revenu net d'ici le troisième trimestre.
Eco-Growth Strategies, Inc (OTC PINK:ECGS) hat die Vermögenswerte von Hawaiian Isles Water (HIW) übernommen, einer 29 Jahre alten Marke für Flaschenwasser mit Sitz in Aiea, HI. Die Übernahme umfasst alle Markenrechte/IP, Abfüllanlagen und Rohmaterialbestände, die auf etwa 6 Millionen US-Dollar geschätzt werden.
ECGS hat einen neuen Mietvertrag für die Anlage von HIW unterzeichnet, die zweitgrößte Flaschenwasseranlage in der Nähe von Honolulu, die sich über 55.000 Quadratfuß erstreckt und in der Lage ist, durch zusätzliche Geräteinstallationen bis zu 100 Millionen Dollar zu generieren. Das Unternehmen hat etwa 1,2 Millionen Dollar in die Umrüstung des Werks investiert.
HIW betrieb mit einer Produktionsrate von etwa 15 Millionen Dollar und einem bereinigten Nettogewinn von etwa 2 Millionen Dollar im Geschäftsjahr 2023. ECGS plant, die bestehenden Kunden zu halten und gleichzeitig durch neue Co-Branding-/Abfüllmöglichkeiten zu expandieren, mit der Erwartung, bis zum dritten Quartal etwa 30 Millionen Dollar an zusätzlichem Umsatz und 7 Millionen Dollar an Nettogewinn hinzuzufügen.
- Acquisition of Hawaiian Isles Water assets valued at $6M
- Secured lease through 2035 for the 2nd largest bottled water plant in Hawaii
- Acquired brand has established 29-year history in the market
- Plant has capacity to generate up to $100M with equipment upgrades
- Expected addition of $30M in revenue and $7M in net income by Q3
- Planned expansion into Asian markets (China, Philippines, South Korea, Japan)
- Management team has 30+ years average experience in snack food/beverage industry
- $1.2M investment required for plant retrofitting
- Dependent on renewing existing co-bottling agreements
- International expansion plans may face regulatory and logistical challenges
The Company has executed a new lease on the 2nd largest bottled water plant near
HIW was on a run rate in FY '2023 of approximately
Lewis Cohen, President of ECGS, stated "We are extremely pleased with this acquisition. We intend to maintain the existing customers and expand the customer base with new co-branding/bottling opportunities. The company expects to renew its two existing co-bottling agreements and expects to add two more by the third quarter. The new agreements are expected to add approximately
William (Bill) Delgado, CEO of ECGS, added "Our management team, made up of snack food/beverage professionals with an average industry experience of 30+ years each, are excited to re-vitalize this 29-year-old brand. We fully intend to expand within the islands and a major expansion into
About Eco-Growth Strategies, Inc.
Eco-Growth Strategies, Inc. is a re-focused and re-organized premier bottler of purified and natural spring water focusing on the Hawaiian Islands,
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Contact:
Lewis Cohen
l.cohen@hawaiianisleswater.com
925-260-6434
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SOURCE Eco-Growth Strategies, Inc.
FAQ
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