Crane Nxt, Co. · NYSE:CXT
Crane Nxt — Merger or Acquisition (October 2024)
7 slides from Crane Nxt's merger presentation, Oct 15, 2024
Slide 1: Announcing Agreement to Acquire De La Rue Authentication Solutions
ANNOUNCING AGREEMENT TO ACQUIRE DE LA RUE AUTHENTICATION SOLUTIONS October 15, 2024
Slide 2: Forward-Looking Statements – Disclaimer
FORWARD-LOOKING STATEMENTS – DISCLAIMER This presentation contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include all statements that are not historical statements of fact and those regarding the Company's intent, belief, or expectati
Slide 3: De La Rue Authentication Solutions Overview
DE LA RUE AUTHENTICATION SOLUTIONS OVERVIEW Government Identification Brand Revenue Security Protection ~$130M 2024 Sales* Digital and physical Advanced security Digital tracking and technologies that features and secure physical security enable the traceability substrates to protect labels to prote
Slide 4: Acquisition Is On-Target to NXT's Growth Strategy
ACQUISITION IS ON-TARGET TO NXT’S GROWTH STRATEGY Strengthens position in ~$3B authentication technologies market growing at MSD+ Expands portfolio to include technologies for identification documents and credentials Reinforces and expands NXT’s position as a trusted partner to governments I
Slide 5: Our M&A Framework
OUR M&A FRAMEWORK De La Rue Authentication Focused on technology solutions that secure, detect and Market authenticate what matters most • Niche technologies with high barriers to entry • Fragmented market with consolidation opportunities • Market growth of >MSD Leading position in their market nich
Slide 6: Transaction Overview and Timing
TRANSACTION OVERVIEW AND TIMING • Purchase price of 300 million British pounds (~390 million US dollars) • EPS positive in first full year • Separation of Authentication Solutions business from De La Rue in process, with completion in 1H 2025 • De La Rue Authentication will be combined with OpSec wi
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