West Pharmaceutical Services, Inc. · NYSE:WST
West Pharmaceutical Services — Merger or Acquisition (May 2005)
6 slides from West Pharmaceutical Services's merger presentation, May 24, 2005
Slide 1: West Pharmaceutical Services' Acquisition of The Tech Group
West Pharmaceutical Services’ Acquisition of The Tech Group May 24, 2005
Slide 2: Safe Harbor Statement
Safe Harbor Statement Certain statements contained in this presentation and certain statements that may be made by management of the Company orally may contain forward- looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fa
Slide 3: Transaction Overview
Transaction Overview Definitive agreement announced April 29, 2005 Total Purchase price: $140 million $20 million escrow for possible claims against reps and warranties $14 million escrow for performance milestones Financed with available cash and new bank and private lender debt West acquired The T
Slide 4: Plastics Market Segments '04
Plastics Market Segments ‘04 Tech Group West $74.2M $65.0MM
Slide 5: Evaluation Summary
Evaluation Summary Highly complementary critical functions, culture, and management teams Key platforms for future growth Opportunity to expand consumer and assembled device businesses EU presence in pulmonary segment Western US exposure to device OEM’s Synergies come in two forms Operational effici
Slide 6: Selected Major Customers
Selected Major Customers B. Braun Baxter Becton Dickinson Ciba Vision Gen-Probe Gemplus General Electric Guidant Hewlett Packard Johnson & Johnson Medtronic Merck Nektar Therapeutics Ocular Science Pall Medical Proctor & Gamble Sanford North America Schering Plough Wyeth
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