Semperit Ag Holding · VIE:SEM
Semperit — Merger or Acquisition (April 2023)
9 slides from Semperit's merger presentation, Apr 17, 2023
Slide 1: Semperit Group: Acquisition of Rico Group
SEMPERIT GROUP: ACQUISITION OF RICO GROUP April 17, 2023 Karl Haider, CEO Helmut Sorger, CFO Kristian Brok, COO
Slide 2: Strategic rationale for acquiring Rico Group
Strategic rationale for acquiring Rico Group Semperit as elastomer specialist leveraging attractive growth Value chain opportunities Actively addressing business trends in health care & life Megatrends science, household & sanitary, electrification and mobility Strengthen our market access and
Slide 3: Rico Group: Corporate Profile
Rico Group: Corporate Profile a EUR ~90m turnover company RICO Group is a leading global specialist in the production of liquid ~500 silicone-based solutions employees Global production set-up Production facilities in Austria, Switzerland and the US Leading Cutting-edge solutions for complex project
Slide 4: Rico Group local footprint
Rico Group local footprint Thalheim, AT Thalheim, AT Focus: silicone injection molding, Focus: tool curing and materials Thalheim tool design and production research Materials: silicone, multi-component Wolfhalden, CH Focus: silicone injection moulding Materials: silicone, plastics Miami, US Focus:
Slide 5: Expanding Semperit's product portfolio through liquid silicone
Expanding Semperit’s product portfolio through liquid silicone LSR provides superior characteristics (heat and chemical resistance and compression set properties) Single-Shot LSR: Product examples Injection moulding process used Ophthalmology Hearing aid Personal care Safety for products like connec
Slide 6: Expanding Semperit's industrial markets through liquid silicone
Expanding Semperit’s industrial markets through liquid silicone Market driven through growth in relevant industries and increasing silicone penetration LSR-moulded products are mainly focused on three industries (healthcare, consumer & sanitary, mobility), supported by underlying growth dynamics Mar
Slide 7: Transaction overview
Transaction overview Signed today (April 17, 2023) – with three founders of Rico Group Rico Elastomere revenue growth Rico Group revenue growth 2010-2020: ~14% CAGR1 2020-2022: ~16% CAGR2 Purchase price multiple at 12x 3Y3 target multiple at 7x Revenues at EUR ~90m and recurring EBITDA at EUR ~16.5m
Slide 8: Financial overview of Semperit
Financial overview of Semperit Strong Semperit financial profile Semperit’s further aspects as of 31 December 2022 Cash and cash equivalents at Strong balance sheet with high equity EUR 107m – Strong cash position for ratio growth Financing through a combination of Corporate Schuldschein loa
Slide 9: Excellent strategic fit for Semperit
Excellent strategic fit for Semperit Expanding elastomer competence through new material 1 know-how in liquid silicone Adding global technology leadership in high-end tool 2 making Entering into highly automated high-volume 3 production Penetrating attractive markets and serving high-growth 4 indust