Fmc Corporation · NYSE:FMC
Fmc — Merger or Acquisition (March 2017)
9 slides from Fmc's merger presentation, Mar 31, 2017
Slide 1: FMC Corporation Announces Transactions with DuPont
FMC Corporation Announces Transactions with DuPont March 31, 2017
Slide 2: Safe Harbor Statement
2 Safe Harbor Statement Safe Harbor Statement under the Private Securities Act of 1995: Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning specific factors described in FMC Corporation's 2016 Form 10-K and other SEC filings.
Slide 3: Transaction Overview
3 Transaction Overview FMC to Acquire Crop Protection Business DuPont to Acquire H&N from FMC • 2017 estimated revenue ~$1.5 billion(1) • Global chewing pest insecticide portfolio − Rynaxypyr®, Cyazypyr® and Indoxacarb • Global cereal broadleaf herbicide portfolio • Global R&D capabilities − Discove
Slide 4: Strategic Rationale
4 Strategic Rationale • Fundamentally repositions FMC’s Ag Solutions business o “Tier One,” innovation-led company o #5 position globally, ~$3.8 billion pro-forma revenues (2017)(1) • Enhances the portfolio o Complementary selective insecticide portfolio and broader, more balanced herbicide portfoli
Slide 5: Enhanced Portfolio by Region and Technology
5 Enhanced Portfolio B y Re gi on B y Tech no lo gy 25% 33% 23% 19% NA LA Europe + MEA APAC 43% 38% 13% 6% Herbicide Insecticide Fungicide Seed Treatment, Biologicals and Other 37% 51% 8% 4% 22% 28% 25% 25% Current FMC Ag Solutions New FMC Ag Solutions Herbicide Insecticide Fungicide Plant Health an
Slide 6: Enhanced Portfolio
6 Enhanced Portfolio In sectici de s Her bici de s Current FMC Ag Solutions New FMC Ag Solutions Broad-spectrum Selective Chewing Selective Piercing-sucking Acaricides Pre-emerg. Broadleaf Pre-emerg. Cross-spectrum Post- Grass Post- Broadleaf Post- Cross-spectrum 40% 56% 2% 2% 90% 5% 5% Broad-spectr
Slide 7: Combined R&D Model
7 Combined R&D Model 1) FMC facilities in U.S.; China; India; France; Brazil; Philippines; and Denmark 2) R&D personnel only 3) Discovery facility in Newark, DE plus 14 field biology facilities / development centers YEARS 0 1 2 3 4 5 6 7 8 9 10 11 12 Traditional AI Model FMC AI Development Model Acq
Slide 8: Combined R&D Pipeline for Synthetic AI's
8 YEARS 0 1 2 3 4 5 6 7 8 9 10 11 12 FMC AGS Pipeline Acquired Pipeline TVE29 Combined R&D Pipeline for Synthetic AI’s Fungicide Insecticide Herbicide Launch F4260 Valifenalate F4050 F9650 F9990 F9944 F9600 F4177 F9960 Liquid SUs R7N80 UGZ56 TXE05 TNQ23 SGF45 U5F59 RZS12 EMN08 V9Y12 THQ25 SJC17 WLR0
Slide 9: Overview of Transaction Economics
9 Overview of Transaction Economics (1) 1) Information included is forecasted non-GAAP financial information. As certain elements of the comparable GAAP measures are not predicable and cannot be estimated at this time, we are unable to provide a reconciliation to the corresponding GAAP amounts. 2) R