Orica Limited · ASX:ORI
Orica — Merger or Acquisition (November 2004)
6 slides from Orica's merger presentation, Nov 8, 2004
Slide 1: Acquisition of Woods and Woods
ORICA, EES BS Acquisition of Woods and Woods 8 November 2004
Slide 2: Transaction Summary
TRANSACTION SUMMARY z Orica to acquire Woods and Woods Pty Ltd z Acquisition price : A$25M z Effective date : 1 December 2004
Slide 3: Woods and Woods
WOODS AND WOODS HISTORY wz Woods and Woods was established in 1935 and has an excellent reputation in the marketplace for supplying a wide range of natural ingredients to the food, dairy, confectionery, pharmaceutical, medicinal herb and pet food industries » Markets serviced include Australia, FINA
Slide 4: Chemnet
WHY THE ACQUISITION MAKES SENSE FOR CHEMNET SS & & Logical fit with the food business of Bronson and Jacobs Enhances customer offering through new food products and complementary suppliers Provides a very strong platform from which to further grow food distribution and value added activities (Chemne
Slide 5: Orica
WHY THE ACQUISITION MAKES SENSE FOR ORICA « Acquisition is consistent with our strategic principles ? market leadership ? growing only value adding business which have “earned the right to grow” ? related growth - building on and extending our best businesses « Chemnet: » exceeds Orica performance m
Slide 6: Orica financial benefits
WHY THE ACQUISITION MAKES SENSE FOR ORICA Financial EPS positive (in first full year) & Transaction meets IRR and RONA targets ed Opportunity for operational efficiencies going forward when integrated into Bronson and Jacobs Considerable opportunity to sell Woods and Woods’ complementary products th