Johnson Controls International plc · NYSE:JCI
Johnson Controls International — Merger or Acquisition (May 2014)
6 slides from Johnson Controls International's merger presentation, May 19, 2014
Slide 1: Johnson Controls and Yanfeng Automotive Trim to Form Automotive Interiors Joint Venture
Johnson Controls and Yanfeng Automotive Trim to Form Automotive Interiors Joint Venture May 19, 2014
Slide 2: Forward-Looking Statements
Forward-Looking Statements Johnson Controls, Inc. has made statements in this document that are forward-looking and, therefore, are subject to risks and uncertainties. All statements in this document other than statements of historical fact are statements that are, or could be, deemed "forward-looki
Slide 3: Yanfeng Automotive Trim / Johnson Controls Interiors Joint Venture Transaction details
Yanfeng (YF) Automotive Trim /Johnson Controls Interiors Joint Venture Transaction details Ownership structure Creates world’s largest automotive interiors supplier ─ 2015 revenues of approximately $7.5 billion o Expected 5-6% pre-tax margins o Expected 6-8% annual growth o 15% estimated global ma
Slide 4: Transaction details (continued)
Yanfeng (YF) Automotive Trim /Johnson Controls Interiors Joint Venture Transaction details (continued) Each party retaining a small number of plants to be managed separately Cash free, debt free transaction – tax efficient Combined businesses are highly complimentary; minimal post-acquisition
Slide 5: From a disadvantaged JCI business to an advantaged, profitable joint venture
Yanfeng (YF) Automotive Trim /Johnson Controls Interiors Joint Venture From a disadvantaged JCI business to Incremental synergies an advantaged, profitable joint venture Supply chain Joint venture has been our preferred option from the start opportunities ─ Discussions with YF started more than
Slide 6: Q&A
Q&A Driving sustainable growth and returns in attractive global markets where we can win 5