Compagnie De Saint-gobain Sa · EURONEXT:SGO
Compagnie De Saint-gobain Sa — Saint-Gobain — Merger or Acquisition (April 2024)
13 slides from Compagnie De Saint-gobain Sa's merger presentation, Apr 3, 2024
Slide 1: Saint-Gobain to Acquire The Bailey Group Companies
SAINT-GOBAIN TO ACQUIRE THE BAILEY GROUP COMPANIES April 3rd, 2024
Slide 2: Bailey Acquisition Has a Compelling Strategic Rationale
BAILEY ACQUISITION HAS A COMPELLING STRATEGIC RATIONALE Bailey acquisition is fully aligned with Saint-Gobain’s strategy on light and sustainable construction Enriches our offer of light construction products to better serve customer needs Strengthens Group’s presence in the growing Canadian constru
Slide 3: Acquisition Will Further Reinforce a Strong Track Record of Profitable Growth in North America
ACQUISITION WILL FURTHER REINFORCE A STRONG TRACK RECORD OF PROFITABLE GROWTH IN NORTH AMERICA Complete offer for interior and exterior solutions Only North American manufacturer offering Interior for contractors and Plasterboard Insulation Acoustic ceilings homeowners, partnered with leading distri
Slide 4: Saint-Gobain Is a Leader in Light Construction in Canada
SAINT-GOBAIN IS A LEADER IN LIGHT CONSTRUCTION IN CANADA Canada is a growing and profitable country for …Supported by strong underlying drivers Saint-Gobain… • Strong market fundamentals >5m housing units needed2 by 2030 in Canada to meet demand and restore affordability C$1.8bn sales1 • Population
Slide 5: Saint-Gobain Is Already a Leading Player in Metal Frames Worldwide
SAINT-GOBAIN IS ALREADY A LEADING PLAYER IN METAL FRAMES WORLDWIDE FOR THE GROWING LIGHT CONSTRUCTION SECTOR Metal frames fit perfectly with Metal frames are key components of light construction Saint-Gobain’s system approach Architectural design Suspended ceiling systems systems Weatherproofing Ins
Slide 6: Bailey: A Leading Player in Metal Frames in Canada
BAILEY: A LEADING PLAYER IN METAL FRAMES IN CANADA C$532m C$91.3m 17.2% 12 700 2023 Revenues 2023 EBITDA 2023 EBITDA margin Manufacturing Plants Employees Long-standing 15-year partnership in ceiling grids Plasterboard Framing Flooring A market leader and recognized brand with 75 years of history Be
Slide 7: Bailey Acquisition Is a Further Step in Our Profitable Growth Journey in Canada
BAILEY ACQUISITION IS A FURTHER STEP IN OUR PROFITABLE GROWTH JOURNEY IN CANADA We have built a strong offer while tripling in size 12 21 24 36 Manufacturing Manufacturing Manufacturing Manufacturing plants plants plants plants Exterior Exterior Exterior solutions solutions Exterior solutions soluti
Slide 8: Bailey Completes Our Offer for Residential and Non-Residential Light Construction
BAILEY COMPLETES OUR OFFER FOR RESIDENTIAL AND NON-RESIDENTIAL LIGHT CONSTRUCTION IN CANADA Wood fiber Roofing Waterproofing insulation Roofing shingles membranes membranes Suspended ceiling framing Plasterboard framing Siding (vinyl, metal, Glass wool Accessories Plasterboard Ceilings engineered wo
Slide 9: Combination Will Unleash Strong Operational and Commercial Synergies
COMBINATION OF SAINT-GOBAIN AND BAILEY WILL UNLEASH STRONG OPERATIONAL AND COMMERCIAL SYNERGIES Procurement Operations Enriched solution offer Combining Bailey and Kaycan metal Combining two companies’ focus on Completing our system offer and procurement capabilities manufacturing excellence and met
Slide 10: Value Creation Is Supported by Solid Synergy Potential
VALUE CREATION IS SUPPORTED BY SOLID SYNERGY POTENTIAL Total synergies (excl. implementation costs) • Combining Saint-Gobain, Bailey and Kaycan Procurement purchasing power, notably in metal EBITDA Impact in C$m 26 Cost synergies • Manufacturing and supply chain efficiencies Operations via Saint-Gob
Slide 11: Transaction Overview
TRANSACTION OVERVIEW • Enterprise Value of C$880m (around €600m) • 9.6x 2023 EBITDA (C$91.3m) FINANCIAL TERMS • 7.5x including full synergies (C$26m) by Year 3 • Value creation by Year 3 • EPS accretive from Year 1 • Acquisition financed fully in cash FINANCING • Limited impact on net debt/EBITDA, w
Slide 12: A Further Step to Strengthen Saint-Gobain's Leadership in Light & Sustainable Construction in Canada
A FURTHER STEP TO STRENGTHEN SAINT-GOBAIN’S LEADERSHIP IN LIGHT & SUSTAINABLE CONSTRUCTION IN CANADA Further strengthen Group A leading player for growth in Very solid team to deliver presence and success in light construction in Canada strong value creation North America 12 Bailey – Investor Presen
Slide 13: Saint-Gobain to Acquire The Bailey Group Companies
SAINT-GOBAIN TO ACQUIRE THE BAILEY GROUP COMPANIES April 3rd, 2024