Slide 1: Repligen to Acquire Metenova AB
September 26, 2023 Repligen to Acquire Metenova AB Exhibit 99.2
Slide 2: Safe Harbor / Non-GAAP Financial Measures
Safe Harbor / Non-GAAP Financial Measures This press release contains forward-looking statements within the meaning of the federal securities laws. Investors are cautioned that statements in this press release which are not strictly historical statements, including, without limitation, express or im
Slide 3: Strategic acquisition of Metenova expands Fluid Management portfolio
Differentiated high performance mixing technology Expands Fluid Management capabilities Expands our total addressable market (TAM) Metenova is an innovator and a market leader in mixing technology High efficiency mixing, improved yield and compelling ROI for customers Adds stainless steel (repeat-us
Slide 4: Metenova overview
Mixing Products and Applications High power and low shear applications Powder and vigorous mixing Single-use mixing solutions in rigid containers Modular platform Founded 2009 Headquarters Mölndal, Sweden Employees ~50 Founders and Leadership Johan Westman (CEO) Alf Löfving (R&D Director) Håkan Samu
Slide 5: Metenova fits our Fluid Management and Systems strategy
Metenova fits our Fluid Management and Systems strategy Film and Bags React, Mix, Store 2D and 3D formats Proprietary film Mixing and Drive Trains Media Process fluids Resuspension Expands into adjacent segments: single-use mixer bags and mixing assemblies Mixers & Fill Finish 2023 Strategic Additio
Slide 6: Executing on our plan: Expanding our Fluid Management capabilities
Executing on our plan: Expanding our Fluid Management capabilities Category Products 2020-2023 Acquisitions Capabilities Components Valve Blocks Engineered valves, liners and exoskeletons Bottles, Tubing, Overmolding Expert overmolding and tubing extrusion Clamps, Connectors High precision injection
Slide 7: Metenova meets Repligen's acquisition criteria
Metenova meets Repligen’s acquisition criteria Technology leadership in innovative magnetic mixing technology Broad portfolio of stainless steel (repeat-use) and emerging single-use products with design and performance advantages Strengthens and expands Fluid Management portfolio Provides opportunit
Slide 8: Favorable financial impact of Metenova acquisition
Favorable financial impact of Metenova acquisition Expected to add $25M-$27M of revenue in 2024 and to grow 20%-25% in 2025 forward Gross margins above Repligen’s 2023e margins, in line with Repligen historical and LT goal of 55%-60% 2024 investment focus: Expansion of single-use mixing solutions, c
Slide 9: Thank you!
Thank you! For questions, contact investors@repligen.com