Energizer Holdings, Inc. · NYSE:ENR

Energizer — Merger or Acquisition (May 2016)

11 slides from Energizer's merger presentation, May 24, 2016

  1. Slide 1: Energizer Holdings Acquisition of HandStands Investor Presentation

    Energizer Holdings Acquisition of HandStands Investor Presentation 1 May 24, 2016 Exhibit 99.2

  2. Slide 2: Safe Harbor Statement

    Safe Harbor Statement 1 This presentation contains “forward looking statements,” including our expectations, estimates or projections concerning future results or events, including, without limitation, the future sales, gross margins, costs, earnings, cash flows and performance of HandStands and Ene

  3. Slide 3: Non-GAAP Financial Measures

    Non-GAAP Financial Measures 2 Energizer reports its financial results in accordance with accounting principles generally accepted in the U.S. ("GAAP"). This presentation includes selected financial information that has not been prepared in accordance with GAAP. Specifically, Energizer used non-GAAP

  4. Slide 4: Transaction Summary

    Transaction Summary 3 • Energizer to acquire HandStands from Trivest Partners for $340 million in cash, subject to certain adjustments • HandStands is a leading designer and marketer of innovative automotive fragrance and auto appearance products in the U.S. • Expected to be accretive to EBITDA marg

  5. Slide 5: Strategic Rationale

    Strategic Rationale 4 • Leading brands in the growing automotive fragrance and appearance categories • Strong strategic, operational and cultural fit • Geographic, customer and channel overlap in core markets with the potential for further expansion • Ability to use Energizer’s scale and global supp

  6. Slide 6: Business Overview

    Business Overview  Designer and marketer of innovative automotive fragrance and appearance products in the U.S.  Leading position in the auto fragrance category  Broad distribution footprint across food, drug, mass, automotive, dollar, hardware, and convenience channels  Geographic revenue break

  7. Slide 7: Product Portfolio

    enjen? Product Portfolio Refresh cAUFQRNIA aa ceteace. , (8 BS Gy ! JE ZWE ey ea ehads DRIVEN Beant ce

  8. Slide 8: Strong Fundamentals and Overlap

    Strong Fundamentals and Overlap  Market leader in the growing auto fragrance category (#1 in auto channel / #2 overall)  Total # and age of vehicles on the road increasing  Track record of leading with consumer-focused innovation  Highly attractive financial and free cash flow profile Note: Doll

  9. Slide 9: Platform For Enhancing Value

    Platform For Enhancing Value REVENUE COMMERCIAL Category management capabilities with increased data and analytics, broaden distribution (US and international) and enhance retail execution R&D Leverage design and innovation competencies to further improve innovation roadmap and enable further produc

  10. Slide 10: Financial Summary

    Financial Summary Purchase Price  $340 million aggregate cash purchase price, subject to certain adjustments Outlook for Financial Impact  Accretive to earnings per share, EBITDA margins and free cash flow1  Adjusted EPS accretion of $0.15 to $0.20 in first full fiscal year1  >$20 million in inc

  11. Slide 11: Enhances Our Ability to Drive Long-Term Shareholder Value

    Enhances Our Ability to Drive Long-Term Shareholder Value • Further investment in our brands and efficiency Balanced Capital Allocation Strategy Reinvest in the Business M&A Capital Return to Shareholders • Selectively invest in future M&A that is accretive to cash flow and earnings • Competitive an

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