Van Elle Holdings Plc · LSE:VANL
Van Elle — Merger or Acquisition (October 2023)
7 slides from Van Elle's merger presentation, October 2023
Slide 1: Total Foundation Solutions. Acquisition of Rock and Alluvium
TOTAL FOUNDATION SOLUTIONS. VAN ELLE HOLDINGS PLC ACQUISITION OF ROCK AND ALLUVIUM
Slide 2: Transaction Overview
TRANSACTION OVERVIEW • Agreement to acquire 100% share capital of Rock and Alluvium Limited from Galliford Try • 5-year Trading Agreement: Van Elle to provide piling and geotechnical services to Galliford Try • Consideration: £3.8m on a cash-free, debt-free basis –Initial payment of £1.8m –Approxima
Slide 3: Background and Rock and Alluvium Financials
BACKGROUND • Established 1963, based in Leatherhead, Surrey, with an operational base in Thurrock, Essex • Main sectors: Residential and Commercial • Regions: Primarily London and the South-East • Strong reputation with a highly trained workforce and experienced management team (57 employees) • Well
Slide 4: Strategic Rationale
STRATEGIC RATIONALE • Immediate South-East presence from improved order book and strong customer relationships not currently served by Van Elle • Positive medium-term prospects in the residential and commercial sectors • High quality rig fleet complements Van Elle mid-term capex requirements to repl
Slide 5: Galliford Try Trading Agreement
GALLIFORD TRY TRADING AGREEMENT • 5-year agreement to provide piling and geotechnical services across £1.6bn Group • Covers all Galliford divisions; infrastructure, water and construction • Strengthens highways pipeline and accelerates access to growing water sector (in which Galliford are UK market
Slide 6: Q&A
Q&A 6 VAN ELLE HOLDINGS PLC ACQUISITION OF ROCK AND ALLUVIUM
Slide 7: Disclaimer
Disclaimer This presentation has been prepared by or on behalf of Van Elle Holdings plc (“Van Elle”). The information set out in this presentation is By attending the presentation to which this document relates and/or by accepting this document you will be taken to have represented, not intended to
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