Arkema Sa · EURONEXT:AKE
Arkema Sa — Merger or Acquisition (August 2021)
13 slides from Arkema Sa's merger presentation, Aug 31, 2021
Slide 1: Acquisition of Ashland Performance Adhesives
ACQUISITION OF ASHLAND PERFORMANCE ADHESIVES PRESENTATION OF THE BUSINESS 31 AUGUST 2021
Slide 2: Transaction Summary
TRANSACTION SUMMARY Acquisition of Ashland’s Performance Adhesives business Transaction • Leading manufacturer of high performance adhesive solutions and coatings for high growth applications and attractive segments Description • 2021e sales(1): ~US$360 million; 2021e EBITDA Margin(1): >25% Expands
Slide 3: Ashland Performance Adhesives at a Glance
ASHLAND PERFORMANCE ADHESIVES AT A GLANCE 2021e KEY FIGURES * A first class leader in high performance adhesives for industrial applications in North America Sales EBITDA ~330 employees across 6 manufacturing sites Solid expertise in 4 leading adhesive technologies complementary to Bostik’s and Arke
Slide 4: A Business Active in 3 Segments with 4 Leading Technologies
A BUSINESS ACTIVE IN 3 SEGMENTS WITH 4 LEADING TECHNOLOGIES Pressure Sensitive Structural Assembly Laminating Adhesives Adhesives Adhesives & Coatings % of sales % of sales % of sales Graphic films in automotive and construction Building & construction Flexible packaging (wood engineering) (food and
Slide 5: Pressure Sensitive Adhesives Overview
PRESSURE SENSITIVE ADHESIVES OVERVIEW SALES BY SEGMENT A key player in North America and Europe in solvent-borne PSA Well positioned in high growth applications, such as car wrapping or 15% Labels window films 34% Building and Construction 14% Transportation Full range of technologies (solvent-borne
Slide 6: Structural Assembly Adhesives Overview
STRUCTURAL ASSEMBLY ADHESIVES OVERVIEW Significant positions in North America in the fast-growing SALES BY SEGMENT engineered wood and transportation composite bonding sectors Recognized technologies and customized solutions Building & Construction 48% 52% Transportation Very close and long-term rel
Slide 7: Laminating Adhesives & Coatings Overview
LAMINATING ADHESIVES & COATINGS OVERVIEW SALES BY SEGMENT A comprehensive product offer in flexible packaging and a complementary portfolio of overcoating solutions for labels 31% Labels (overprint coatings) Full range of technologies and recognized brands Flexible packaging 69% MAIN APPLICATIONS DR
Slide 8: Capitalize on Strong Geographic Complementarities
CAPITALIZE ON STRONG GEOGRAPHIC COMPLEMENTARITIES ASHLAND BOSTIK PERFORMANCE ADHESIVES BOSTIK PRO FORMA 81% 23% 30% 49% 2021e 2021e 2021e sales sales 45% pro forma sales 28% 13% 25% 6% Europe North America Asia Pacific + RoW 8 Proposed acquisition of Ashland Performance Adhesives - 31 August 2021
Slide 9: Leverage the Excellent Technological and Commercial Fit
LEVERAGE THE EXCELLENT TECHNOLOGICAL AND COMMERCIAL FIT Create a strong global position Develop complementary strengths in Structural in Pressure Sensitive Adhesives Assembly and Laminating Adhesives & Coatings Reinforce the breadth of technologies for structural bonding in US and Europe STRUCTURAL
Slide 10: Alignment with Our Sustainable Development Priorities
ALIGNMENT WITH OUR SUSTAINABLE DEVELOPMENT PRIORITIES Sustainable solutions well-aligned with megatrends 6 FlexcrylTM PSA emulsion recyclable products Limited impact Engineered wood on Arkema’s adhesives with lower energy consumption & Very low VOC GHG emissions, GHG emissions Pliogrip™ adhesives fo
Slide 11: Consolidating Bostik's Long Term Growth Ambition
CONSOLIDATING BOSTIK’S LONG TERM GROWTH AMBITION Becoming strong global player in Pressure Sensitive Adhesives, with the one of the most complete offerings NEW TARGET 17% 16% Strengthening Bostik’s presence in the US 14% 13.1% Reinforcing high value added industrial adhesives portfolio 10.3% 12.9% I
Slide 12: Enhances Value for Arkema Shareholders
ENHANCES VALUE FOR ARKEMA SHAREHOLDERS Offers a unique and innovative product portfolio with complementary technologies and Strategic geographic presence Rationale Fully in line with Arkema’s strategy to become a pure player in Specialty Materials Expands Revised Arkema’s Adhesive Solutions targets
Slide 13: Disclaimer
DISCLAIMER The information disclosed in this document may contain forward-looking statements with respect to the financial condition, results of operations, business and strategy of Arkema. In the current context, where the Covid-19 epidemic persists across the world, and the evolution of the situat