Commercial Vehicle Group, Inc. · NASDAQ:CVGI
Commercial Vehicle — Merger or Acquisition (September 2019)
9 slides from Commercial Vehicle's merger presentation, Sep 18, 2019
Slide 1: Acquisition of First Source Electronics
Exhibit 99.2 Acquisition of First Source Electronics September 18, 2019 COMMERCIAL VEHICLE GROUP
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements that are subject to risks and uncertainties. These statements often include words such as “believe”, “anticipate”, “plan”, “expect”, “intend”, “will”, “should”, “could”, “would”, “project”, “continue”, “likely”, and sim
Slide 3: Strategic Rationale
Strategic Rationale Diversify Customers Aligns with CVG’s Attractive & Markets Growth Strategy Fundamentals • Enhances exposure to • Enhances high-complexity, • Accretive to operating industrial, military and low- to medium-volume income and earnings per transportation markets business model share i
Slide 4: Transaction Details
Transaction Details Total cash consideration as much as $44.75 million, $34 million at closing and remainder paid at 12, 18, and 36 months Funded using domestic cash on hand and $2 million availability under our revolving credit facility Minimal impact on net leverage; remain less than 2x net debt-t
Slide 5: FSE Overview
FSE Overview Key Financial Data Manufacturing Facility • 2018 Revenue $38 million • Located in Elkridge, Maryland • June 2019 trailing twelve • State of the art facility month revenue $46 million provides responsive and high- quality service Revenue by End Market • Dedicated electro-mechanical assem
Slide 6: Robust Product Offering
Robust Product Offering FSE delivers high-mix, low to medium volume electronic and electro-mechanical manufacturing solutions for customers in highly demanding markets where reliability and peak performance are critical Key Products and Services Military Box Builds Mechanical Systems Sub Assemblies
Slide 7: Diverse Customers and Markets
Diverse Customers and Markets FSE serves a diverse range of market segments including industrial, transportation and military with customers that include several Fortune 500 companies Industrial Transportation Military • Portfolio of control • Long-term • Complex military panels, cable and customer
Slide 8: Appendix
Appendix COMMERCIAL VEHICLE GROUP, INC.
Slide 9: Questions & Answers
Questions & Answers Which Segment will FSE be part of? • FSE will roll up to the Company’s Electrical Systems Segment How does FSE strategically fit with your long-term strategy for Electrical Systems Segment? • FSE is a strong electrical service and solutions provider; it enhances CVG’s exposure to
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