Slide 1: Sandvik to Acquire Mining-Related Part of Schenck Process
SANDVIK TO ACQUIRE MINING-RELATED PART OF SCHENCK PROCESS
Slide 2: Strategy Execution: Shift to Growth
STRATEGY EXECUTION SHIFT TO GROWTH • Focus on growth through organic and acquisitive initiatives WE MAKE • Enhancing core offering and THE SHIFT Advancing the world expanding in the value chain through engineering • Drive digitalization, sustainability and productivity solutions in the customers val
Slide 3: World Leading in Crushing & Screening Solutions
WORLD LEADING IN CRUSHING & SCREENING SOLUTIONS EXPLORE DRILL & ROCK MATERIALS CRUSHING GRINDING SEPARATION & PLAN BLAST SUPPORT HAULAGE SCREENING ROCK EXTRACTION ROCK PROCESSING SRP 3
Slide 4: The Mining-Business of Schenck Process
THE MINING-BUSINESS OF SCHENCK PROCESS 4
Slide 5: Leading Provider of High-Capacity Screens
LEADING PROVIDER OF HIGH-CAPACITY SCREENS Overview Geographic presence • Global provider of high-capacity screening, feeding and screening media solutions HQ • EBITA margin accretive to Sandvik SRP’s Main sites margin • High aftermarket content which includes application support, screen refurbishmen
Slide 6: Selected Parts of Mining Offering
SELECTED PARTS OF MINING OFFERING Equipment Aftermarket Vibrating screens Vibrating feeders Screening media Refurbishment & service Spare parts Handle and classify large Discharge heavy, highly Panels that filter and categorize Repair, replacement or minor For components that can no quantities of ma
Slide 7: Strategic Fit
STRATEGIC FIT Complementary offering (Tier 1) – equipment, parts & services offering Digital solution with clear opportunity to leverage the existing SRP digital platform Minimal customer application and geographical overlap, strengthen the footprint & market position Customer value and profit logic
Slide 8: Strengthen Customer Value Add
STRENGTHEN CUSTOMER VALUE ADD Becoming a “full solutions provider” Currently a “product niche” player within crushing and screening Mining crushing & screening scope (T1) Mining crushing & screening scope (T1) Market position Market position Sandvik Schenck Process Crushing & screening process 8
Slide 9: Strategic Rationale
STRATEGIC RATIONALE 1 Fills a gap Expand mining offering. Adds high-capacity screens, feeders and screening media to enable a solutions provider position in the market. Complements Sandvik/Kwatani product range. 2 Financially sound Relatively higher profitability vs peers. Good underlying growth, in
Slide 10: Transaction Overview & Financial Impact
TRANSACTION OVERVIEW & FINANCIAL IMPACT 10
Slide 11: Transaction Overview
TRANSACTION OVERVIEW TRANSACTION • EV/EBITDA: Multiple including expected 5-year run-rate synergies is approximately 10x CONSIDERATIONS • Estimated closing: Expected to close during the fourth quarter 2022, subject to relevant regulatory approvals FINANCIAL • Financial impact: EBITA margin is accret
Slide 12: Q&A
Q&A 12