Schneider Electric SE · EURONEXT:SU
Schneider Electric — Merger or Acquisition (February 2020)
19 slides from Schneider Electric's merger presentation, Feb 13, 2020
Slide 1: Schneider Electric to Launch Offer for RIB Software
Schneider Electric to Launch Offer for Construction Software Provider RIB Software and Expand Capabilities in Building Life Cycle Digitization February 13th 2020 Confidential Property of Schneider Electric
Slide 2: Announcement highlights
Announcement highlights Build a leader in digital and sustainable smart building solutions Enable end-to-end building life cycle offering Aims to be accretive to Adj. EBITA margin in 2021 41% premium on last closing price, 37% premium on last 3 months VWAP 16% of shares committed Fully supported by
Slide 3: Energy and automation digital solutions for efficiency and sustainability
Our unique positioning: Energy and automation digital solutions for efficiency and sustainability Energy Energy Industrial Industry Management Automation Transition 4.0 Efficiency Sustainability Buildings Data Centers Infrastructure Industry Serving 4 end-markets Confidential Property of Schneider E
Slide 4: From site-by-site to integrated company management
x4 Integration for efficiency 1 Energy + Automation 2 End Point Cloud Building Operate 3 & Design & Maintain From Site-by-Site 4 to Integrated Company Management Confidential Property of Schneider Electric | Page 4
Slide 5: Building and Industry: continuing the software portfolio journey
Building All Digital All Electric Today we continue our journey to build a software portfolio Industry All Digital All Electric With Aveva, Schneider Electric created a global leader in engineering and industrial software © 2019 Schneider Electric, All Rights Reserved | Page 5
Slide 6: Energy and automation digital solutions across the full life cycle
As a technology company, we provide energy and automation digital solutions for efficiency and sustainability. … across the full life cycle Design & CAD Build BIM Operate & Maintain Confidential Property of Schneider Electric | Page 6
Slide 7: Lifecycle digitization in Industry and Buildings
We drive efficiency & sustainability through lifecycle digitization in Industry and Buildings Design Build Operate & Maintain SimSci AVEVA AVEVA Avantis Wonderware, Wonderware, Avantis Spiral Industry By AVEVA E3D NET & ENGAGE By AVEVA Citect Clear Scada MES Ampla Prism Edge Control Connected Produc
Slide 8: Large efficiency opportunity across building lifecycle from digitization
Large efficiency opportunity across building lifecycle from digitization in a fast-growing market CAPEX OPEX ~90% ~30% ~30% +30% construction with of construction energy efficiency asset efficiency cost overruns is rework / waste Source: Engineering News Source: Procedia Engineering Source: Applied
Slide 9: Digital transformation of the Building and Infrastructure industries
Digital Transformation of the Building and Infrastructure industries into the most Advanced industries on the planet, to create the next generation of Living. Thomas Wolf – CEO Michael Sauer – CFO Confidential Property of Schneider Electric | Page 9
Slide 10: RIB at a glance
RIB at a glance A technology leader in construction software Key Facts Founded in HQ in 1961 Stuttgart c. 2,700 50+ employees locations >100,000 >500,000 customers users €214m €50m revenue EBITDA (FY19) (FY19) Confidential Property of Schneider Electric | Page 10
Slide 11: Our customers see value in RIB's construction software
Our customers see value in RIB’s construction software Co-location Large Scale Home Builder Data Center Provider Large General Contractor “ Using RIB costing database will allow us to generate “ for We are currently using mostly Excel project estimating. We could see “ TheRIB team is very impressed
Slide 12: Full alignment with Schneider Electric strategy
Full alignment with Schneider Electric strategy Strengthen digital offers in key end-markets of Buildings and Datacenters Enhance EcoStruxure suite of Apps, Analytics, Digital Services and Software Drive early customer engagement at C-Level for digital solutions Grow Schneider Electric’s share of so
Slide 13: What Schneider Electric brings to RIB Software
What Schneider Electric brings to RIB Software Provides RIB Software with a strategic long-term shareholder to accelerate its international expansion Offers deep domain expertise in building efficiency and sustainability Extensive customer relationships within the construction eco- system (specifier
Slide 14: A compelling offer for RIB shareholders
A compelling offer for RIB shareholders • Voluntary tender offer for all of RIB’s shares • Offer price €29 per share in cash • 41% premium to current share price and 37% premium to 3 months VWAP • Minimum acceptance threshold of 50% plus 1 share on a fully diluted basis • No domination agreement • S
Slide 15: Financial impact on Schneider Electric
Financial impact on Schneider Electric Aim to be accretive to Schneider Electric Adj. EBITA margin in 2021, with a clear plan to increase RIB’s Adj ROCE is expected to Strong revenue synergies, with EBITA margin to 20% in the year cover WACC by Year 5 RIB set for double-digit organic thereafter grow
Slide 16: Next steps
Next steps End of End of Q2 February March April 2020 Filing of draft offer Start of End of Settlement document with BaFin acceptance period acceptance period Confidential Property of Schneider Electric | Page 16
Slide 17: Conclusion
Conclusion Both companies share the same vision for the future: Great transaction for Schneider Electric 1 Similar corporate culture and entrepreneurial spirit 2 Working towards increased efficiency and Great transaction for sustainability across the full construction life cycle RIB Software 3 Targe
Slide 18: Questions & Answers
Questions & Answers Confidential Property of Schneider Electric
Slide 19: Life Is On | Schneider Electric
Life ls On | Schneider @ Electric
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