Nordson Corporation · NASDAQ:NDSN
Nordson — Merger or Acquisition (2006)
12 slides from Nordson's merger presentation, 2006
Slide 1: Dage – A Nordson Company
LLL Dage A Nordson Company
Slide 2: Dage
Dage Founded 1961 in Aylesbury, UK LBO in 1997 Acquired Medixtec (X-Ray tube tech) in 1999 Acquired Arctek (Japan) in 2000 $300 million market growing at 10% Additional information available at www.dage-group.com 2
Slide 3: Snapshot of Dage
Snapshot of Dage 2006 Revenue 1,2 $53.1MM 1. FYE April 30, 2006 2. 1 GBP = 1.9 USD Employees More than 200 Manufacturing UK and China R&D UK 3
Slide 4: Dage Sales Breakdown
Dage Sales Breakdown By Product Line Europe 17% Other High Speed 6% Bondtester 5% USA 19% Asia Bondtester X-Ray 64% 48% 41% By Geography 4
Slide 5: Dage's Global Presence
Dage’s Global Presence Flags show Dage operating locations Sales Distribution Manufacturing 5
Slide 6: Bond Testing Products
Bond Testing Products Market Drivers Continued increase in wire bonded devices Lead-free devices BT 4000 BT 5000 Multi Purpose Ultra Fine Pitch Solder interconnects Bond Tester Wire Bond Tester Bond Tester Awards 2006 Award for “Best New Test BT 4300 BT 4000W BT 4000HS Equipment” for the Wafer
Slide 7: Bondtesters Success Factors
Bondtesters Success Factors Leading market position Industry standard as customers aim for consistent test data Plug-n-play design with excellent reliability Strong distribution channels with excellent service and support structure 7
Slide 8: Quality Customer Base
Quality Customer Base Freescale Texas Instruments Bosch AMD Infineon Sanmina Amkor Cisco GE Sony Siemens Nissei Motorola SPIL Jurong Hi-tech 8
Slide 9: X-Ray Inspection Products
X-Ray Inspection Products Market Drivers Hidden interconnects on BGA and flip chips Lead free Device driven opportunities X-ray Awards XD 7500 XD 7600 NT 2006 Award for < 2 Micron 250nm innovation and Resolution; Resolution; outstanding achievement 1,065x 1,600x 2006 Award promoting Magnificat
Slide 10: X-Ray Success Factors
X-Ray Success Factors Among top 3 market position Development of state-of-the-art technology Proprietary X-Ray tube, target and image enhancer Higher resolution Digital imaging Point-n-click operator interface Rapid evolution of products Strong distribution channels with excellent service an
Slide 11: Dage Growth Factors
Dage Growth Factors 25% growth rate in bumped devices Electronic devices requirement Increased functionality Smaller sizes Increased use of stacked die ROHS & WEEE legislation to eliminate lead from all electronic devices 11
Slide 12: Dage Opportunities
Dage Opportunities Excellent addition to Nordson’s Advanced Technology Systems Segment Customer overlap Geographic overlap Strong management Strong management and operations presence in Japan and China Quality reputation and product line Market leader 12