Trelleborg Ab Class B · OMXSTO:TREL_B
Trelleborg Ab Class B — Merger or Acquisition (August 2022)
8 slides from Trelleborg Ab Class B's merger presentation, Aug 2, 2022
Slide 1: Trelleborg to acquire Minnesota Rubber & Plastics
Trelleborg to acquire Minnesota Rubber & Plastics August 2, 2022 1
Slide 2: Growing Trelleborg into the world's foremost engineered polymer solutions company
“Growing Trelleborg into the world’s foremost engineered polymer solutions company in our selected industries” 2
Slide 3: Accelerating our journey
Accelerating our journey Strategic rationale for deal ▪ Step-change for Trelleborg Sealing Solutions – becoming as strong in North America as in Europe ▪ Strengthening the core – sailing in known waters and highly synergistic ▪ More complete and global offering to customers ▪ Enhances exposure to hi
Slide 4: An excellent fit for Trelleborg
An excellent fit for Trelleborg Minnesota Rubber & Plastics ▪ Sales ~2,250 MSEK ▪ Headquarter in Plymouth, Minnesota, USA ▪ 8 manufacturing sites across North America, Europe and China ▪ >1,400 employees 4
Slide 5: An excellent fit for Trelleborg
An excellent fit for Trelleborg Footprint Geographical sales split Market segments 13% 13% 25% 12% 43% 20% 75% North America Medical Europe Food, Beverage & Water Asia Specialty Industrials Headquarter and innovation center Manufacturing sites Automotive 5
Slide 6: Transaction overview
Transaction overview Purchase price ▪ Seller: Affiliate of KKR USD 950 M ▪ Strategic acquisition for Trelleborg SEK ~9,500 M ▪ Highly synergistic and accelerating ▪ Cash and debt free basis our journey ▪ Purchase price USD 860 M when considering tax benefits of USD ~90 M ▪ Valuation ~10x EBITDA incl
Slide 7: Closing remarks
Closing remarks “Growing Trelleborg into the world’s foremost engineered polymer solutions company in our selected industries” ▪ Strong support and in line with our direction “New horizons for Trelleborg” ▪ More profitable, less cyclical and improved sustainability profile ▪ More coherent portfolio
Slide 8: geet ——
geet ——