Brenntag Se · XETR:BNR

Brenntag — Investor Day (November 2016)

7 slides from Brenntag's investor day presentation, Nov 17, 2016

  1. Slide 1: Capital Markets Day 2016

    Capital Markets Day 2016 ▌ Two Temple Place, London Mergers & Acquisitions – Anthony Gerace 17 November 2016

  2. Slide 2: Leading market positions in a highly fragmented market

    CHEMICAL DISTRIBUTION MARKET Leading market positions in a highly fragmented market Europe ~EUR 43bn North America ~EUR 30bn Brenntag Global1) ~EUR 165bn 10.6% Univar Univar 4.1% 19.8% IMCD 2.5% Brenntag 10.3% Azelis Brenntag 2.4% Nexeo 6.3% Univar 9.0% 5.3% Nexeo Stockmeier other 2.1% 58.5% Prinova

  3. Slide 3: Consolidation is driven by M&A and other factors

    CHEMICAL DISTRIBUTION MARKET Consolidation is driven by M&A and other factors M&A activity driven by larger chemical distributors (multinational) Customers Suppliers want to Consolidation of consolidate reduce chemical sourcing of number of distribution smaller distributors market volumes favour lar

  4. Slide 4: Significant potential for consolidation and external growth

    ACQUISITION OBJECTIVES Significant potential for consolidation and external growth Strategic Deal Execution Results in … Objectives Building up  Experienced M&A team Market share gain by scale and  Disciplined due dilligence scale efficiencies  Risk adjusted hurdle rate of 14% Access to key / (pr

  5. Slide 5: Clearly defined strategy by region

    M&A STRATEGY Clearly defined strategy by region EMEA North America Latin America Asia Pacific Expand leading Increase market Capitalize on Focus on high position share leading position growth regions  Realize synergies  Build up scale and  Expansion in high  Continue to from acquisitions efficie

  6. Slide 6: Typical phases of M&A Process

    M&A PROCESS Typical phases of M&A Process Target Identification Deal Execution Post Merger Integration Post Merger  Screening of landscape  Standardized process with  Integration plan commences at Integration  Identification and prioritization of recurring steps closing targets  Due Diligence 

  7. Slide 7: Successful and sustainable acquisition activity

    M&A TRACK RECORD Successful and sustainable acquisition activity  Acquisition activities in all regions  Acquisition spend of EUR ~220m per year (2010-2015)  Average transaction size EUR 48m / Average EBITDA multiple 7.3x (value accretive)  Strategic market entries into South East Asia, China, A

Brenntag — Investor Day (November 2016) on 6ix