Slide 1: NN, Inc. Acquisition of Autocam Corporation
NN, Inc. Acquisition of Autocam Corporation
Slide 2: Cautionary Note Regarding Forward-Looking Statements
Cautionary Note Regarding Forward-Looking Statements All statements in these slides, other than statements of historical fact, are “forward-looking statements” that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statemen
Slide 3: Overview of Autocam
Overview of Autocam Autocam is a global leader in engineering, manufacturing and assembly of extremely close tolerance, highly complex, system critical components for the global automotive markets The company has four product segments: Fuel Systems (“FS”) Powertrain (“PT”) Power Steering (“PS”) Elec
Slide 4: Strategic Rationale
Strategic Rationale Builds out NN’s Precision Metal Components (PMC) platform to one of the top 3 companies in the world Establishes global presence in PMC with well established, profitable operations in Europe, Brazil and China; Avoids high start-up greenfield costs and start-up losses Adds high-gr
Slide 5: Combined Global Footprint
Combined Global Footprint Marshall Plant 1 Marshall Plant 2 Kentwood Plant 1 Kentwood Plant 2 V-S Products Division Whirlaway Products Division NN Precision Plastic Products Division V-S Products Division Dowagiac Plant NN Advanced Rubber Products Division NN, Inc. US Ball & Roller Division US Ball
Slide 6: NN and Autocam Combination Overview
NN and Autocam Combination Overview End Product Use Engine Components Cooling System Fans Transmission Fuel Systems Driveline Fuel Systems Electric Motors Power Steering Powertrain Engine Components Fuel Systems Steering Transmission Product Mix Plastic & Rubber Components 9% Precision Metal Compone
Slide 7: NN and Autocam Combination Overview: Top Ten Customers
NN and Autocam Combination Overview Top Ten Customers Nexteer 1% Timken 2% Iljin 3% GKN 3% HILITE 6% SKF 36% Emerson (Copeland) 6% Schaeffler/INA/FAG 7% ZF 7% NTN/SNR 7% Brose 3% Hitachi 3% Continental 4% Bosch 19% Denso 3% Delphi 7% TRW 6% Fiat 11% GM 7% Cummins 8% TRW 3% Cummins 3% HILITE 3% Emers
Slide 8: Synergies and Post-Transaction
Synergies and Post-Transaction Creates a powerful global leader in Precision Metal Components and improves NN’s business mix Post-Transaction, NN will be a top 3 global manufacturer of Metal Bearing and Precision Metal Components $15 - $20 million of identified synergies Establishes a global presenc
Slide 9: Transaction Overview
Transaction Overview Combined Company 2015 Revenue of approximately $725 million* 2015 EBITDA (adjusted) of approximately $120 million 2015 Positive Free Cash Flow of $35 million Consideration $300 million purchase price $275 million in cash and assumed debt; the remainder in NN Common shares to maj