Ceco Environmental Corp. · NASDAQ:CECO
Ceco Environmental — Merger or Acquisition (April 2013)
17 slides from Ceco Environmental's merger presentation, Apr 22, 2013
Slide 1: CECO and Met-Pro Combining Forces for a Stronger Tomorrow
Integrated Clean Air Solutions for Industry * * CECO and Met-Pro Combining Forces for a Stronger Tomorrow April 22, 2013
Slide 2: Jeff Lang, Chief Executive Officer & Director
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
Slide 3: Forward Looking Statements
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
Slide 4: CECO has agreed to acquire Met-Pro for $13.75 per share
= CECO has agreed to acquire Met-Pro for $13.75 per share in cash and/or CECO common stock = Cash consideration: $7.25 per share ($110.2 million) ~ Stock consideration: $6.50 per share ($97.1 million, representing ~31% ownership in pro forma entity) — Cash/ Stock election: Met-Pro shareholders have
Slide 5: Key Transaction Benefits
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
Slide 6: Significant Benefits to CECO Shareholders
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
Slide 7: Strong Strategic Fit
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
Slide 8: Enhanced End-Market and Customer Diversity
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
Slide 9: Attractive Market Growth Drivers
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
Slide 10: Expanded Global Reach
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
Slide 11: Experienced Management Teams with Proven Track Records of Success
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
Slide 12: Combination has Potential to Achieve Significant Synergies
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
Slide 13: Additional Potential Sources of Synergies
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
Slide 14: Highly Financially Compelling with Enhanced Scale
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
Slide 15: In Summary
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
Slide 16: Appendix
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
Slide 17: Reconciliation of Adjusted EBITDA
Integrated Clean Air Solutions for Industry Color Palette CECO Blue: 33, 68, 115 CECO Light Blue: 197, 226, 252 CECO Mid Blue: 159, 194, 245 CECO Grey Text: 89, 89, 89 CECO Yellow: 255, 255, 153 CECO Content Box: 74, 126, 187 CECO Green: 146, 208, 80 CECO Dark Green: 0, 153, 0 CECO Light Green: 201,
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