C.h. Robinson Worldwide, Inc. · NASDAQ:CHRW
C.h. Robinson Worldwide — Merger or Acquisition (September 2012)
7 slides from C.h. Robinson Worldwide's merger presentation, Sep 25, 2012
Slide 1: Phoenix International Acquisition Conference Call
Phoenix International Acquisition Conference Call September 25, 2012 John Wiehoff, Chairman & CEO Chad Lindbloom, CFO Exhibit 99.2
Slide 2: Safe Harbor Statement
2 Safe Harbor Statement Except for the historical information contained herein, the matters set forth in this presentation and the accompanying earnings release are forward-looking statements that represent our expectations, beliefs, intentions or strategies concerning future events. These forward-l
Slide 3: Call Agenda
3 Call Agenda Phoenix International overview Transaction summary Strategic rationale
Slide 4: Phoenix International
4 Phoenix International Global Forwarding services – Ocean, Air, and Customs Approximately $807 million annual gross revenues; $161 million annual net revenues (1) Approximately 2,000 employees; 76 offices in 15 countries Headquartered in Chicago, IL 860 employees in US; 1,030 in Asia 15,000 custome
Slide 5: Transaction Summary
5 Transaction Summary Purchase Price: $635 million for 100% stock purchase of Phoenix International 90% cash and 10% newly-issued CHRW stock Financed by existing cash and a new credit facility Transaction expected to be modestly accretive in year one Approvals and Timing Subject to regulatory approv
Slide 6: Strategic Rationale
6 Strategic Rationale High quality, well-run growth business Strong track record Diverse customer base Strengthens C.H. Robinson’s global forwarding service offering Expanded network Scale and density Leverage collective technology investments Competitively positioned Top-line synergies Cross sellin
Slide 7: C.H. Robinson
@ C.H. ROBINSON
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