Slide 1: So enegormes nt
So enegormes nt See
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements that are based on current expectations, and are subject to a number of uncertainties and risks, and actual results may differ materially. These uncertainties and risks include, but are not limited to: industry cyclicality; competition;
Slide 3: Transaction Summary
TRANSACTION SUMMARY › Bird to acquire all outstanding shares of Nason Contracting Group Ltd. subject to conditions typical for a transaction of this nature & closing about mid to late January 2013 › Transaction value of $12.8M plus $0.5M in closing costs, subject to closing adjustments › Three year
Slide 4: Nason Contracting Group Ltd.
NASON CONTRACTING GROUP LTD. › Founded in 1965 › Focus on municipal water and wastewater treatment market for over 45 years › Includes mechanical, electrical & instrumentation and maintenance divisions › Expertise in remote and northern geographic operations with home office in St. Albert, AB › Geog
Slide 5: Wastewater Treatment Plant Upgrade, Grande Prairie, AB
WASTEWATER TREATMENT PLANT UPGRADE, GRANDE PRAIRIE, AB 5
Slide 6: Water Treatment Plant, Saddle Lake Cree Nation, AB
WATER TREATMENT PLANT, SADDLE LAKE CREE NATION, AB 6
Slide 7: Membrane Water Treatment Plant, Thorsby, AB
MEMBRANE WATER TREATMENT PLANT, THORSBY, AB 7
Slide 8: Lower Townsite Reservoir Pump Station Upgrade, Fort McMurray, AB
LOWER TOWNSITE RESERVOIR PUMP STATION UPGRADE, FORT MCMURRAY, AB 8
Slide 9: Transaction Rationale
TRANSACTION RATIONALE › Prime motivation is continued DIVERSIFICATION & GROWTH for Bird › Complementary business segments (Nason in mechanical, electrical & instrumentation; Bird in general contracting and self performed civil work) › Greater access for Bird to municipal water & wastewater market in
Slide 10: Operational Strategy for Nason Moving Forward
OPERATIONAL STRATEGY FOR NASON MOVING FORWARD › Theme is “BUSINESS AS USUAL” › Nason will continue to operate as is, as a subsidiary of Bird with minimal integration required › Senior management will remain to support the ongoing growth of Nason › Operational structure within Nason subsidiary will b
Slide 11: Bird & Nason - Summary
BIRD & NASON- SUMMARY › Expanded market sector revenue for Bird organization › Potential for revenue synergies capitalizing on complementary service offerings › Opportunity to capitalize on growing resource sector to the benefit of both organizations › Access for Nason to Bird’s industrial markets ›
Slide 12: Bird Construction
BIRD CONSTRUCTION 416-620-7122 www.bird.ca Tim Talbott, President & CEO