Elica S.p.a. · MIL:ELC
Elica — Merger or Acquisition (June 2021)
12 slides from Elica's merger presentation, Jun 29, 2021
Slide 1: Motor Division Expansion - Analysts Presentation
MOTOR DIVISION EXPANSION ANALYSTS PRESENTATION June 29th 2021
Slide 2: Agenda
AGENDA 1 TRANSACTION HIGHLIGHTS 2 BUSINESS DESCRIPTION & MAIN FIGURES 3 THE COMBINED ENTITY 2
Slide 3: Transaction Highlights
BUSINESS DESCRIPTION TRANSACTION & MAIN FIGURES HIGHLIGHTS
Slide 4: Transaction Highlights
TRANSACTION HIGHLIGHTS ▪ FIME, a business unit in Elica Group’s motors division, strengthens its presence in electric motors through a preliminary agreement signed between Elica S.p.A and Electric Motors Company S.r.l. (“E.M.C.”) and CPS S.r.l. (“CPS”) to acquire 100% of the share capital of the two
Slide 5: Business Description & Main Figures
BUSINESS DESCRIPTION & MAIN FIGURES
Slide 6: A Growth path for FIME
A Growth path for FIME ▪ FIME, Elica Motors Business Unit, is one of the main European player in the production and distribution of FIME MOTOR BU TURNOVER electric motors for the Household Appliances, Domestic Heating and Ventilation businesses. ▪ In the recent past FIME experienced a positive profi
Slide 7: EMC Group: a transaction opportunity for FIME
EMC Group: a transaction opportunity for FIME ▪ The scope of the transaction includes 100% of the shares of EMC GROUP COMPANY STRUCTURE E.M.C. Electronics Motors Company Srl and CPS Srl ("Target") ▪ Both companies are based in Castelfildardo in the province of Ancona ▪ E.M.C. Electronics Motors Comp
Slide 8: The Combined Entity
The Combined Entity THE COMBINED ENTITY
Slide 9: Investment Thesis
Investment Thesis Current Situation EMC Integration Effects FIME’s market share both in the EMC acquisition represents an opportunity to penetrate new businesses (e.g. 1. heating and in the ovens business biomass appliances) and to became the Emea leader in the cooker hoods is already significant ma
Slide 10: First Consideration About Synergies
First Consideration About SYNERGIES CROSS SELLING PROCUREMENT OPERATIONS CAPEX • Low - Medium • Raw materials • Internal (FIME) • Rationalization of FIME’s products to production of R&D and product be introduced in • Components (ball stators and rotors development EMC customers set bearings, sleeve
Slide 11: Take Aways
Take Aways ▪ FIME strengthens its position as Leader in the motors sector and accelerates growth in energy-saving technology and energy transition ▪ Reinforce the strategy of the Group to operate Motors and Cooking Divisions separated ▪ Deliver incremental Sales & accretive Margins exploiting Synerg
Slide 12: Slide 12