Kion Group Ag · XETR:KGX
Kion — Merger or Acquisition (June 2016)
10 slides from Kion's merger presentation, Jun 21, 2016
Slide 1: KION Acquires Dematic: Creating a Global Leader in Intralogistics Solutions
KION ACQUIRES DEMATIC Creating a Global Leader in Intralogistics Solutions Wiesbaden, 21 June 2016
Slide 2: KION Acquires Dematic for $3.25bn
KION Acquires Dematic for $3.25bn Highlights of transformational transaction Highlights Strong rationale for transformational transaction − EV1 of $3.25bn − Acquisition of Dematic creates an unparalleled leading Unique player in player in Intralogistics 4.0 − Purchase price for Intralogistics 4.0 −
Slide 3: Dematic at a Glance
Dematic at a Glance Leading in material handling automation solutions Dematic is global No. 3(a) Key financials1 Revenue4 by product top 3 with leading position in US and Europe CY2 CAGR Services (in $m) 2015 since 2013 25% ~12% annual revenue Revenue 1,796 12.4% 12% growth since 2013 Adj. EBITDA3 2
Slide 4: Attractive Market Development and Growth
Attractive Market Development and Growth Positioning KION for attractive growth in automation solutions Consumer expectations … …drive changes in retail … focused on supply chain and e-commerce… Selected customers − Digitalisation drives growth − E-commerce players − Move towards in online sales sho
Slide 5: Integrated Total Offering across KION
Integrated Total Offering across KION Creating a unique and complete material handling offering Material handling solutions for every part of the warehouse Dematic adds best-in-class automation solutions Supply Fleet data AGVs WH-trucks E-trucks IC-trucks chain SW1 mgmt. − Dematic offers comprehensi
Slide 6: Broad Solutions Offering by Dematic
Broad Solutions Offering by Dematic Comprehensive range of high-end automation technology Warehouse control and management software − Advanced real-time, knowledge-based logistics software beyond warehouse management & control software Conveyor Sortation Storage Picking Palletising systems systems s
Slide 7: Balancing the Combined Regional Setup
Balancing the Combined Regional Setup Highly complementary geographical footprints Revenue1 by region Strengthening presence in automation − KION takes advantage of Dematic’s strong 100% 100% 100% position in the US and European automation Americas 5% markets Asia 12% 20% Pacific Establishing critic
Slide 8: Convincing Transaction Economics
Convincing Transaction Economics Enhanced financial profile and attractive value creation Transaction valuation Upsides and value creation ─ Attractive growth from material handling automation solutions above 12% in line with recent years Enterprise value $3.25bn ─ Driven by global megatrends of Ind
Slide 9: Straightforward Closing and Financing
Straightforward Closing and Financing Clear path to closing and solid financing strategy Announcement Closing 21 June 2016 Q4 2016 Equity issuance under existing Customary closing conditions authorisation − No regulatory hurdles expected − Before closing subject to market − No corporate approvals re
Slide 10: Disclaimer
Disclaimer This document has been prepared by KION GROUP AG (the “Company”) solely for informational purposes. This disclaimer shall apply in all respects to the entire presentation (including all slides of this document), the oral presentation of the slides by representatives of the Company (or any