Aimia Inc. · TSX:AIM
Aimia — Merger or Acquisition (March 2023)
15 slides from Aimia's merger presentation, Mar 6, 2023
Slide 1: Bozzetto Group
BOZZETTO GROUP OVER 100 YEARS OF ADVANCED CHEMISTRY March 6, 2023
Slide 2: Forward-Looking and Cautionary Statements
FORWARD-LOOKING AND CAUTIONARY STATEMENTS This presentation contains statements that constitute "forward-looking information" within the meaning of Canadian securities laws ("forward-looking statements"), which are based upon our current expectations, estimates, projections, assumptions and beliefs.
Slide 3: Non-IFRS Measures and Presentation of Financial Information
NON-IFRS MEASURES AND PRESENTATION OF FINANCIAL INFORMATION In this presentation, reference to (i) “Adjusted EBITDA” is the unaudited earnings of Bozzetto before interest, taxes, depreciation and amortization, (ii) “Adjusted EBITDA margins” is Bozzetto’s Adjusted EBITDA divided by its revenue, and (
Slide 4: Bozzetto at a Glance
BOZZETTO AT A GLANCE 100 YEAR+ HISTORY, HIGH MARGINS COUPLED WITH STRONG CASH FLOW CONVERSION Financial Profile • Founded in 1919 and headquartered in Filago, Italy € 225 • Bozzetto is one of the world’s largest ESG-focused providers of € 196 specialty sustainable chemicals, offering sustainable tex
Slide 5: Track Record of Resilience & Growth
TRACK RECORD OF RESILIENCE & GROWTH Bozzetto has consistent bottom line growth across cycle stages, pandemic scenarios and raw materials price trends achieved through yield management approach and tight control on costs (€ in millions) Roberto Curreri becomes Acquisition Covid CEO (2015) of Asutex I
Slide 6: Bozzetto Has a Rich 100+ Year History
BOZZETTO HAS A RICH 100+ YEAR HISTORY HISTORICAL MILESTONES OF BOZZETTO Bozzetto was founded in 1919 with a focus on the textiles market; after decades of organic expansion, Bozzetto has been private-equity owned since 2004 and completed multiple strategic transformational and bolt-on acquisitions B
Slide 7: Bozzetto Brings a Full-Scale Suite of Chemical Products to Its Core End Markets
BOZZETTO BRINGS A FULL-SCALE SUITE OF CHEMICAL PRODUCTS TO ITS CORE END MARKETS Textile Solutions Dispersion Solutions Water Solutions MMF Printing Superplasticizers Chelating Agents Sizing Garment Treatment Dispersing Agents Scale Inhibitors Key Pre-Treatment Anti-Caking Agents
Slide 8: Bozzetto's Near-Term Growth Vectors
BOZZETTO’S NEAR-TERM GROWTH VECTORS 1 North American Growth: Paladin / Aimia believe inorganic and organic 2 Organic Entry into Home Good and Personal Care Markets: Bozzetto will expansion into attractive North American market provides a major growth vector continue its focus on gross margin through
Slide 9: Overview of Key Growth Trends Across Bozzetto's End Markets
OVERVIEW OF KEY GROWTH TRENDS ACROSS BOZZETTO’S END MARKETS Textile Solutions Dispersion Solutions Water Solutions Population & GDP growth Population & Water Scarcity Population & Middle-Class Development Population growth is a key driver for the textile Population growth, urbanization, industrializ
Slide 10: Bozzetto Is Aligned with Secular Trends Within Textiles
BOZZETTO IS ALIGNED WITH SECULAR TRENDS WITHIN TEXTILES Growing Materials Growing Technologies Growing Macro Trends Synthetic fibers Digital printing ESG • Increasing penetration of man-made fibers • Digital textile printing is gaining traction • Changing consumer demand and Public push thanks to th
Slide 11: Transaction Overview
TRANSACTION OVERVIEW • Aimia will be acquiring substantially all of the Bozzetto shares based on an enterprise value of approximately $328 (1) (€227) million, which will be financed by cash and debt (to be placed at Bozzetto). Debt is expected to approximate around 3x Adjusted EBITDA. • Bozzetto exe
Slide 12: Paladin Private Equity
PALADIN PRIVATE EQUITY AIMIA’S PARTNER About Paladin Private Equity Terms of Agreement • Paladin Private Equity LLC (“Paladin”) is a global private • Paladin has partnered with Aimia on the transaction. equity firm based in the US (Los Angeles & New York) and • Upon closing of the transaction, Aimia
Slide 13: Paladin Private Equity (Cont'd)
PALADIN PRIVATE EQUITY (CONT’D) AIMIA’S PARTNER Paladin’s Investment Team • Paladin’s investment team, board of directors and senior advisor network have extensive experience advising management teams on global sales & marketing growth strategies, executing and integrating global M&A, optimizing com
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Slide 15: Investor Relations Contact
INVESTOR RELATIONS CONTACT Albert Matousek, MBA, CFA Head, Investor Relations & Communications Email: albert.matousek@aimia.com www.aimia.com