Dupont De Nemours, Inc. · NYSE:DD
Dupont De Nemours — Merger or Acquisition (March 2020)
22 slides from Dupont De Nemours's merger presentation, Mar 9, 2020
Slide 1: Global Town Hall transcript: overview of IFF and DuPont transaction
Global Town Hall Event ID 2185371 Speaker: So good morning, good afternoon and good evening to everybody. We have planned a series of town hall meetings regarding our transaction with DuPont. And what we want to do today is we want to give you an overview why we believe it’s a good move. We want to
Slide 2: Global Town Hall transcript: combined company, R&D and market positions
Global Town Hall Event ID 2185371 The home and personal care here particular in this room where we have many people from the scent business is super complementary to what we are doing, particularly on the consumer fragrance business because they are providing a lot of enzymes, for example, for clean
Slide 3: Global Town Hall transcript: integrated solutions and scent biotech
Global Town Hall Event ID 2185371basically here what we as a company can deliver as a combined company to these. We basically can do the whole product and that gives us an excellent opportunities for many of these companies to create the whole thing and then sell it basically to, to these companies,
Slide 4: Global Town Hall transcript: closing timeline and conclusion
Global Town Hall Event ID 2185371be a fantastic combination and it will take us probably around 12 months to close the deal. Until then, we are still two separate companies. That’s how we operate, but we already can start to plan to come together and I hope next year, this time when we stand that we
Slide 5: Note on PowerPoint presented at IFF town hall
The following is a powerpoint presentation presented at a town hall hosted by IFF CEO Andreas Fibig and available at the link to that town hall posted in “N&B Transition Update #4: Andreas Fibig Town Hall”
Slide 6: A New Global Innovative Integrated Solutions Leader
Global Town Hall A New Global Innovative Integrated Solutions Leader January, 2020
Slide 7: Agenda
1) IFF & DuPont N&B Introduction 2) Strategic Rationale of Combination 3) Integration Update 4) Conclusion Agenda
Slide 8: Snapshot of IFF
Snapshot Of IFF A global leader in Taste, Scent and Nutrition #2 GLOBAL MARKET POSITION ~39,000 CUSTOMERS ~80% SALES OUTSIDE NORTH AMERICA ~13,000 EMPLOYEES ~100 R&D CENTERS AND LABORATORIES ~100,000 UNIQUE PRODUCTS SOLD ANNUALLY Note: Sales data based on 2018 combined sales Flavors Savory Solutions
Slide 9: IFF's Transformational Journey
Sales Evolution Employees 6,700 13,000 23,000 R&D Spend ~$250M ~$350M >$550M # of Granted Patents ~1,300 ~1,600 ~9,000 Differentiated Solutions Specialized provider Technical bundle Integrated Solutions Customers ~3,000 ~39,000 >40,000 Positioning & Capabilities #4 Taste & Scent #2 Taste & Scent #1
Slide 10: Snapshot of DuPont N&B
~$6.1B 2019 Net Sales Innovation-driven portfolio of high-value, specialty ingredient businesses Snapshot of dupont n&B Global Leader 10,000+ employees 70+ manufacturing sites 30+ technology & innovation centers 10,000+ customers Leading Position in Shared End Markets Strong Financial Profile Food &
Slide 11: Compelling Combination
Complementary portfolios that build on the best of both capabilities & talent Compelling combination COMBINED COMPANY #1 or 2 positions in Nutrition, Cultures, Enzymes, Probiotics, Soy Proteins Customer-led innovation and R&D focused organization Deep customer relationships across food, nutrition, p
Slide 12: Technology & Innovation Focused
Technology & Innovation Focused Technology & Innovation Platforms NATURALS & BEYOND DELIVERY SYSTEMS MODULATION INGREDIENTS HEALTH & NUTRITION ACTIVE COSMETICS Snapshot of Capabilities & Expertise Chemistry & Material Science Sustainability 30+ Human Clinical Trials In Flight 3,000+ Scientists, Engi
Slide 13: Breadth of capability establishes strong competitive position
Breadth of capability & exposure establishes strong competitive position leader across attractive markets IFF + DuPont N&B Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Functional Solutions(1) ✔ ✔ Emulsifiers & Lecithin ✔ Sweeteners (2) ✔ Plant Protein (2) ✔ Health & Bioscience Cultures ✔ Probiotics ✔ ✔
Slide 14: Strong Representation Across All Customer Sets
Global Multinational Champions Regional Leaders New & Emerging Brands; Private Label Industry-leading innovation capabilities Experience with high-growth segments Speed-to-market Efficiencies in development In-depth consumer insights Strong presence in nearly all markets R&D portfolio for world-clas
Slide 15: Differentiated Solutions in Food & Beverage
Differentiated Solutions Complementary capabilities and expertise in Food & Beverage Natural Antioxidants (Food protection) Texturants (Mouth feel) Binders (“Glue” ingredients together) Delivery Systems (Flavor performance) Plant-Based Protein (Nutritional component) Flavor & Seasonings (Taste) Tast
Slide 16: Differentiated Solutions in Fabric, Home & Personal Care
Differentiated Solutions Complementary capabilities and expertise in Fabric, Home & Personal Care Fabric Care Illustrative Product Examples Enzymes (Fluidity, Stain removal, Malodor) Encapsulation (Fit-for-purpose delivery and performance) Microbial Control (Antimicrobial & shelf-life) Fragrance (Sc
Slide 17: Approach for N&B Integration
approach for N&B integration Deal close targeted for Q1 2021 IFF and N&B are highly complementary companies We see value in our unique skills working together Rich O’Leary (IFF) and Angela Naef (DuPont) appointed integration leaders Integration Management Office (IMO) established including members o
Slide 18: Summary
SummarY Creating a global value-added ingredients & solutions provider Proven leader and trusted partner with our own customers Deep focus on consumer-driven end markets Passionate commitment to a science-led, innovation-first culture Complementary capabilities & product portfolio with limited overl
Slide 19: IFF logo
Slide 20: About IFF, DuPont and DuPont Nutrition & Biosciences
About IFF At IFF (NYSE:IFF) (Euronext Paris:IFF) (TASE:IFF), we’re using Uncommon Sense to create what the world needs. As a collective of unconventional thinkers and creators, we put science and artistry to work to create unique and unexpected scents, tastes, experiences and ingredients for the pro
Slide 21: Cautionary Statement
Cautionary Statement This communication contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). In this context, forward-looking stat
Slide 22: Participants in the Solicitation
Participants in the Solicitation This communication is not a solicitation of a proxy from any investor or security holder. However, DuPont, IFF and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in connection with the prop
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