Cicor Technologies · SIX:CICN

Cicor Technologies — Merger or Acquisition (April 2022)

11 slides from Cicor Technologies's merger presentation, Apr 27, 2022

  1. Slide 1: Acquisition of SMT Elektronik

    Acquisition of SMT Elektronik Cicor Technologies Ltd. April 27, 2022

  2. Slide 2: Disclaimer

    Disclaimer April 27, 2022 The information in this presentation does not constitute an offer or invitation and may not be construed as a recommendation by us to purchase, hold or sell shares of Cicor Technologies Ltd. This information or any copy thereof may not be sent or taken to or distributed in

  3. Slide 3: The Cicor Group

    The Cicor Group Your technology partner  Globally active provider of full-cycle electronics solutions from research and development to manufacturing and supply chain management  Swiss leader (no. 2 in D-A-CH) in customer specific development solutions, high-tech components as well as electronic de

  4. Slide 4: Unique selling propositions in a competitive growth market

    Unique selling propositions in a competitive growth market Strategy to develop from no. 1 electronics manufacturer in Switzerland to become a European leader  Growth drivers: Increased share of outsourcing, nearshoring, alternatives to China  Focus on Aerospace & Defence, Industrial, Medical (A.I.

  5. Slide 5: Growing in the most attractive segment of electronics manufacturing

    Growing in the most attractive segment of electronics manufacturing Strengthening position in A.I.M. markets with superior profitability vs. listed peers EBITDA Margin Tier 4: Small local players 14% EMS Tier 3: High Mix / Low Volume A.I.M. 12% EMS EMS EMS 10% EMS EMS Tier 2: Low Mix / High Vol. A.I

  6. Slide 6: Acquisition of SMT Elektronik GmbH – A full service EMS provider

    Acquisition of SMT Elektronik GmbH – A full service EMS provider Convincing deal rationale  Founded 1990 with Net Sales (2021) of ca. EUR 20 million  Currently ~130 employees  Adj. EBITDA margin ~11%  Located in Dresden; 7 km from Cicor‘s subsidiary RHE Microsystems GmbH  Majority of business i

  7. Slide 7: Full integration immediately after closing of the transaction

    Full integration immediately after closing of the transaction SMT Elektronik and RHE Microsystems will be operating as Cicor Germany  Short distance between both Cicor sites in the northeast of Dresden  Joint organizational structure from day 1  Elimination of redundant management positions leads

  8. Slide 8: Core Financials of our RHE & SMT business in Dresden

    Core Financials of our RHE & SMT business in Dresden SMT Elektronik (Dresden area) RHE Microsystems (Dresden area) 2021 revenue ~EUR 20 million & adj. EBITDA >11% 2021 revenue ~EUR 13 million & EBITDA >15% 14% 2% 4% 2% 9% 20% 35% 45% Sales by Industry Sales by Industry 40% 29% Industrial Aerospace &

  9. Slide 9: Impact of Axis and SMT Acquisitions on Cicor

    Impact of Axis and SMT Acquisitions on Cicor Successful start to execute the Cicor growth strategy  Signing 26. April 2022, closing 27. April 2022. SMT will be consolidated into Cicor results as of May (=> In 2022 consolidated results 8 month impact). Purchase price details not disclosed as per agr

  10. Slide 10: Investor Relations

    Investor Relations Contacts Alexander Hagemann Peter Neumann Michael Götti CEO CFO VP Corporate Marketing & Communications Cicor Management AG Gebenloostrasse 15 9552 Bronschhofen Switzerland investor@cicor.com +41 71 913 73 00 10

  11. Slide 11: Thank you for your attention

    Thank you for your attention www.cicor.com/investors info@cicor.com

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