Verallia Sas · EURONEXT:VRLA
Verallia Sas — Verallia — Merger or Acquisition (November 2022)
7 slides from Verallia Sas's merger presentation, Nov 2, 2022
Slide 1: Acquisition of Allied Glass
ACQUISITION OF November 2nd ALLIED GLASS 2022
Slide 2: Allied: an industry leading premium glass platform
ACQUISITION OF ALLIED GLASS ALLIED: AN INDUSTRY LEADING PREMIUM GLASS PLATFORM LEADING PLAYER IN THE GROWING DIVERSIFIED CUSTOMER BASE & UK PREMIUM MARKET HIGH-END SERVICE Longstanding UK market presence (est. 1874) Diversified customer base covering blue chip, traditional Clear focus on premi
Slide 3: Transaction rationale
ACQUISITION OF ALLIED GLASS TRANSACTION RATIONALE STRENGTHENING VERALLIA’S PREMIUM POSITIONING WHILE GAINING EXPOSURE TO THE GROWING UK SPIRITS MARKET Capitalize on Allied’s unique positioning and expertise in luxury glass containers and further strengthen Verallia’s premium leadership Complemen
Slide 4: Summary financial terms
ACQUISITION OF ALLIED GLASS SUMMARY FINANCIAL TERMS 100% stake acquired for an Enterprise Value c.£315m Fully financed by existing cash Leverage maintained below 2x net debt/adjusted EBITDA Current dividend and shareholder return policies confirmed Closing expected mid-November 4 November
Slide 5: Verallia preserves its strong financial profile
ACQUISITION OF ALLIED GLASS VERALLIA PRESERVES ITS STRONG FINANCIAL PROFILE LIMITED RISK AND SIGNIFICANT STRONG CREDIT PROFILE CONFIRMED SHAREHOLDER LONG-TERM UPSIDE MAINTAINED RETURN POLICY Margin-accretive transaction Leverage maintained below 2x net Does not change Verallia’s debt/adjusted
Slide 6: Q&A
Q&A
Slide 7: Disclaimer
DISCLAIMER Certain information included in this presentation are not historical facts but are forward-looking statements. These forward-looking statements are based on current beliefs, expectations and assumptions, including, without limitation, assumptions regarding Verallia's present and future bu