Slide 1: Offer to Acquire FCI's Motorized Vehicles Division
For internal use only Offer to Acquire FCI’s Motorized Vehicles Division May 24, 2012 Exhibit 99.2
Slide 2: Forward-looking statements
For internal use only 2 This presentation, as well as other statements made by Delphi Automotive (“Delphi” or the “Company”), contain forward-looking statements that reflect, when made, the Company’s current views with respect to current events and financial performance. Such forward-looking stateme
Slide 3: Rodney O'Neal
For internal use only Rodney O’Neal
Slide 4: Delphi to Acquire FCI MVL
For internal use only Delphi to Acquire FCI MVL Delphi has entered into exclusive negotiations with FCI, a portfolio company of Bain Capital, and made a binding offer for the acquisition of FCI’s Motorized Vehicles division (MVL) – All-cash deal valued at €765M on a debt/cash free basis – Will be
Slide 5: Strategic Rationale
For internal use only Strategic Rationale 5 Strengthens and broadens leading position in the high growth and high margin global automotive connectors market Significantly diversifies customer base, enhances position with high growth customers Expands footprint and capabilities in fast growing
Slide 6: Enhances Portfolio of Automotive Connectors
For internal use only Airbags interconnect & cable assemblies Retainers Seatbelt pre-tensioner Braking and stability control Airbag ECU Engine control systems Transmission connections Hybrid/EV interconnect Charge plugs Data connectivity Device Electrical distribution Full
Slide 7: Kevin Clark
For internal use only Kevin Clark
Slide 8: Offer Summary
For internal use only Transaction Purchase 100% of the stock of the Motorized Vehicles Division “MVL” of FCI Purchase Price €765M on a cash free, debt free basis (~$972M) Financing ~60% balance sheet cash / ~40% existing credit lines Accretion 2013E EPS accretion of $0.24/share, excluding on
Slide 9: MVL Business Overview
For internal use only MVL Business Overview 9 Strong Commitment to R&D 5 engineering centers Technology leadership in SRS, EDS, ECU and High Power segments Portfolio alignment with Delphi 12 manufacturing sites ~6,800 employees - 69% of which are in low cost regions Revenue by Region Reven
Slide 10: MVL Product Portfolio
For internal use only MVL Product Portfolio 10 Leadership on harsh environment powertrain interconnect Applications Full interconnect solutions – Powertrain, braking and cockpit Power-actuated applications Electrical Distribution (EDS) Global leader in higher growth SRS market Applications
Slide 11: Automotive Connector Market
For internal use only 17 19 15 5 4 Europe North America Korea China Brazil Automotive Connector Market 11 HEV/EV market: key growth opportunity Increased connector content per vehicle Increased hybrid and electric vehicle penetration driving additional growth – 3x to 4x connector content per vehic
Slide 12: Key Areas of Synergies
For internal use only Key Areas of Synergies Operating Efficiencies Revenue Synergies Leverage Delphi Enterprise Operating System – Procurement – Product Development – Supply Chain Leverage combined product portfolio Enhanced position in Asia market 12 Full Run Rate Synergies of $80M+
Slide 13: Strategic Rationale
For internal use only Strategic Rationale 13 Strengthens and broadens leading position in the high growth and high margin global automotive connectors market Significantly diversifies customer base, enhances position with high growth customers Expands footprint and capabilities in fast growing
Slide 14: Delphi - Innovation for the Real World
DeELPFI Innovation for the Real World