Quanex Building Products Corporation · NYSE:NX
Quanex Building Products — Merger or Acquisition (June 2015)
8 slides from Quanex Building Products's merger presentation, Jun 16, 2015
Slide 1: Quanex Building Products Acquires HL Plastics
Exhibit 99.1 Quanex Building Products Acquires HL Plastics June 16, 2015
Slide 2: Safe Harbor
Safe Harbor Statements made during this presentation that use the words “estimated,” “expect,” “could,” “should,” “believe,” “will,” “might,” or similar words reflecting future expectations or beliefs are forward-looking statements. The forward-looking statements include, but are not limited to, ref
Slide 3: Transaction Overview
Transaction Overview Quanex has acquired HL Plastics for £95M ($149M) An excellent strategic fit, adding: • A great business – Fastest growing vinyl extruder in the UK • In an attractive market – Higher end and lower complexity than US • At a good time – Early in the UK housing/window recovery Expec
Slide 4: Attractive Opportunity Consistent with Strategy
Attractive Opportunity Consistent with Strategy HL Plastics acquisition is consistent with Quanex’s strategic objectives of pursuing M&A opportunities that provide market leadership, superior technology and attractive financial returns Clear fit with Quanex’s core businesses Complementary technology
Slide 5: HL Plastics Company Overview
HL Plastics Company Overview Market leader and fastest growing vinyl window / door Revenue by Product (2014) profile extruder in the UK 3% 3% 2% 6% Windows Goes to market under Liniar brand name 8% Verandahs and Decking Bi-fold and Patio Headquartered in Denby, UK Conservatory Roof Systems Wegoma Em
Slide 6: HL Plastics Product Review
HL Plastics Product Review Leading Liniar brand with co-branding opportunity for components Liniar PVCu windows are the most technically advanced in the Windows market and designed in-house to meet the highest energy efficiency and safety standards PVCu based products in this category provide an alt
Slide 7: U.K. Vinyl Profiles Market Overview
U.K. Vinyl Profiles Market Overview Favorable UK market dynamics UK Vinyl Profiles Production Fragmented UK window and door market 350,000 (In Tonnes) • ~1/3 size of N. American mkt 300,000 • 2,000+ fabricators is same as N. American mkt 250,000 200,000 Disciplined competitive landscape 150,000 100,
Slide 8: Thank you
Thank you Quanex building products
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