Crane Nxt, Co. · NYSE:CXT
Crane Nxt — Merger or Acquisition (September 2025)
9 slides from Crane Nxt's merger presentation, Sep 12, 2025
Slide 1: Announcing Agreement to Acquire Antares Vision
ANNOUNCING AGREEMENT TO ACQUIRE ANTARES VISION September 12, 2025
Slide 2: Forward-Looking Statements – Disclaimer
FORWARD-LOOKING STATEMENTS – DISCLAIMER This presentation contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include all statements that are not historical statements of fact and those regarding the Company's intent, belief, or expectati
Slide 3: Antares Vision Overview
ANTARES VISION OVERVIEW Global leader in inspection, detection, and track & trace technologies Equipment Services Software ~€200M Advanced inspection Field and remote Track and trace 2024 Revenue1 and detection systems capabilities for software to ensure to ensure quality and new equipment safety an
Slide 4: Acquisition of Antares Vision Expands Crane NXT's Presence in Resilient and Growing End Markets
ACQUISITION OF ANTARES VISION EXPANDS CRANE NXT’S PRESENCE IN RESILIENT AND GROWING END MARKETS END MARKETS GEOGRAPHIES SOLUTION TYPE ROW Food & Americas Services Beverage ~10% ~20% ~40% ~40% ~60% ~20% ~60% ~50% Software Europe Life Equipment Sciences Attractive end markets Global footprint with Off
Slide 5: Antares Vision Enhances Existing Crane NXT Capabilities
ANTARES VISION ENHANCES EXISTING CRANE NXT CAPABILITIES Equipment Services Software Manufacturing of New equipment commissioning Software for track and hardware systems and aftermarket services tracing of products Segment CPI Equipment manufacturing and Field service with preventative Embedded
Slide 6: Acquisition Terms
ACQUISITION TERMS • Purchase price of €5.00 per share, Enterprise Value of ~€445M • EV/EBITDA1 multiple of ~12x, ~10x after expected synergies • Substantial opportunity for margin improvement through deployment of the Crane Business System (CBS) • Expecting double digit ROIC by year-5 • EPS accretiv
Slide 7: Our M&A Framework
OUR M&A FRAMEWORK Antares Vision Focused on technology solutions that secure, detect and Market authenticate what matters most • Niche technologies with high barriers to entry • Fragmented market with consolidation opportunities • Market growth of MSD or higher Leading position in their market niche
Slide 8: Transaction Timeline
TRANSACTION TIMELINE Q3 2025 Q4 2025 1H 2026 • Announce transaction and • Closing of ~30% • Closing of mandatory intent to take company ownership of equity public tender offer private • Mandatory public • Take company private • Contractual agreement to tender offer to all acquire ~30% of company rem
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