Idex Corporation · NYSE:IEX
Idex — Merger or Acquisition (May 2011)
9 slides from Idex's merger presentation, May 13, 2011
Slide 1: CVI Melles Griot
CVI Melles Griot May 11, 2011 IDEX Proprietary & Confidential
Slide 2: Forward Looking Statements
Forward Looking Statements 2 This presentation and discussion will include forward-looking statements. Our actual performance may differ materially from that indicated or suggested by any such statements. There are a number of factors that could cause those differences, including those presented in
Slide 3: Overview: Proprietary Transaction Providing Scale To The IDEX Optics & Photonics Platform
Overview Proprietary Transaction Providing Scale To The IDEX Optics & Photonics Platform $400 million enterprise value Excellent Fit With IDEX Business Model Health, Science, Research and other attractive end market focus Highly engineered products High mix business model Attractive Transaction Retu
Slide 4: IDEX is combining three uniquely innovative, optical coating-intensive companies
IDEX is combining three uniquely innovative, optical coating-intensive companies: Semrock: Complex life science and spectroscopy filters ATFilms: Customized, low loss laser components, scientific instrumentation optics, and thermal control coatings CVI Melles Griot: global provider of a comprehensiv
Slide 5: IDEX Strategy Objective: Enterprise Serving High Growth, Critical Science Applications
IDEX Optics & Photonics Strategy Objective: Optics & Photonics Enterprise Serving High Growth, Critical Science Applications 5 Summary: Portfolio of key enabling photonic technologies (light source, management, detection) Target applications providing higher growth (2x to 3x optical market growth ra
Slide 6: IDEX Platform Content: $220 million in revenue and $54 million of proforma EBITDA
6 $220 million in revenue and $54 million of proforma EBITDA IDEX Optics & Photonics Platform Content IDEX Optics & Photonics - Enabling Technologies and Products Advanced Thin Films Key Technologies: Superpolished Substrates Manufacturing Techniques Low Loss Ion Beam Sputtering Ion Assisted Evapora
Slide 7: CVI Melles Griot Summary
CVI Melles Griot Summary Leading global manufacturer of precision optics & photonics products Attractive financial profile with upside Global presence to serve multi-national customers Manufacturing in North America, Europe & Asia Diverse revenue stream from attractive served markets Life Technologi
Slide 8: CVI Melles Griot Revenue Profile and Operating Locations
CVI Melles Griot Revenue Profile and Operating Locations 8 2010 Revenue by Geography Asia Europe Tamagawa, Japan* Tokyo, Japan Singapore S Onchan, Isle of Man* Didam, The Netherlands* Bensheim, Germany Paris, France Stockholm, Sweden* Leicester, United Kingdom* Albuquerque, New Mexico* Carlsbad, Cal
Slide 9: Transaction Summary
Transaction Summary Proprietary Transaction $400 million Purchase Price Net price of $365 - $375 million inclusive of tax shield associated with asset step up Attractive Financials $185 million of revenue Significant international scale in attractive end markets Compelling growth profile (high singl