Arcadis Nv · EURONEXT:ARCAD
Arcadis Nv — Merger or Acquisition (July 2022)
19 slides from Arcadis Nv's merger presentation, Jul 18, 2022
Slide 1: Arcadis Acquires IBI Group
Arcadis Acquires IBI Group Accelerating our ‘Maximizing Impact’ strategy 18 July 2022 Improving Quality of Life
Slide 2: Disclaimer
Disclaimer Statements included in this presentation that are not historical facts The forward-looking statements are based upon our current (including any statements concerning investment objectives, other expectations, plans, estimates, assumptions and beliefs that involve plans and objectives of m
Slide 3: Today's Agenda and Presenters
Today’s Agenda and Presenters 01 Introduction Peter Oosterveer CEO 02 Strategic Rationale 03 Financial Overview Virginie Duperat-Vergne CFO 04 Q&A © Arcadis 2022 3
Slide 4: IBI Group Accelerates Arcadis' 'Maximizing Impact' Strategy
IBI Group Accelerates Arcadis’ ‘Maximizing Impact’ Strategy Transformational step in our digital leadership, creating a Strong geographic and fourth GBA “Intelligence” business complementarity, adding significant scale in North America Creates the global leader for urban planning, design and build o
Slide 5: Recommended Offer to Acquire IBI Group
Recommended Offer to Acquire IBI Group Acquiring IBI Group Cash consideration of C$19.5 Transaction enterprise value of Representing an EV to FY22E per share at 30% premium1 C$873m or €664m2 EBITDA multiple of 9.6x3 Strong Financial Profile, with Significant Synergy Potential and Margin Accretion fr
Slide 6: A Highly Attractive Technology-Driven Design Firm
A Highly Attractive Technology-Driven Design Firm • Technology-driven design firm founded in 1974 3500+ • Provides architecture, engineering, Employees planning, systems and technology 7,000 services Active Projects • Leader in creating advanced urban environments, with intelligent systems, sustaina
Slide 7: Strong Track Record of Growth and a Diversified Revenue Profile
Strong Track Record of Growth and a Diversified Revenue Profile 2021A Net Revenues Sector Leading Financial Profile 15.3% 15.5% 15.3% C$661m Intelligence Buildings UK & Other backlog1 18% 50% International C$444m 11% United C$393m States C$377m Infrastructure 26% Canada 32% 63% FY19A FY20A FY21A Adj
Slide 8: Exciting Range of Landmark Design Projects
Exciting Range of Landmark Design Projects INTELLIGENCE BUILDINGS INFRASTRUCTURE Improve public transport Raising the IQ of built Creating vibrant, technology experience through data environments around the driven environments world Manage London’s public travel demand “The Curv”, Vancouver: a bluep
Slide 9: Great Cultural Fit – Strong alignment in Our Core Values
Great Cultural Fit – Strong alignment in Our Core Values People first Community Innovation Client Integrity Integrity Excellence Success Collaboration Sustainability Partnerships Environment © Arcadis 2022 9
Slide 10: IBI Group Fully Aligns with Our Strategy
IBI Group Fully Aligns with Our Strategy Development of new Highly Strengthened Enhances digitally enabled client complementary position in highly capabilities and solutions through the combination attractive Canadian offering in Places creation of a fourth strengthening all market Arcadis Global Bu
Slide 11: Creating a New 4th GBA to Maximize Our Digital Impact
Creating a New 4th GBA to Maximize Our Digital Impact Role of the 4th GBA Intelligence GBA Digital Client Innovation Solutions Driving Efficiency Recurring Revenue & Productivity Attractive Suite of Combined Client Solutions Resilience Places Mobility New Fourth GBA: Intelligence © Arcadis 2022 11
Slide 12: Our Combined GBA Structure Will Allow Clients to Benefit from Our High Complementarity
Our Combined GBA Structure Will Allow Clients to Benefit from Our High Complementarity and Strengthens our Position in North America APAC ~38% Resilience ~37% Places ~22% Mobility ~3% Intelligence 15% ~€2.6bn EMEA 48% Americas Amercias 37% • Climate resilience • Design & engineering • Intelligent ra
Slide 13: Provides Arcadis with a Strong Position in the Highly Attractive Canadian Market
Provides Arcadis with a Strong Position in the Highly Attractive Canadian Market Urbanization Canadian Government Nearly three in invested over four Canadians C$122 billion in Immigration live in one of the large infrastructure since urban centers 2016 Infrastructure Investments 1.8m new ~3% Project
Slide 14: Enhances Arcadis' Capabilities and Services in Places
Enhances Arcadis' Capabilities and Services in Places ‘Expanding Our Places Business and Offer a Broader Set of Capabilities and Technology Driving Smart and Services to our Global Client Base and Leveraging our City Executives Focus’ Sustainable Buildings IBI Group Buildings CASE STUDY Long Term De
Slide 15: Significant Revenue and Cost Synergies
Significant Revenue and Cost Synergies Revenue Synergies Cost Synergies Complementary business models enable material C$15m annual cost savings expected (~3.5% of IBI revenue synergies Group’s revenue, in line with sector precedents) Increase win rate with existing clients through bigger scale Costs
Slide 16: Key Transaction Highlights and Financial Terms
Key Transaction Highlights and Financial Terms Cash consideration of Transaction enterprise Representing an EV to Acquiring IBI Group C$19.5 per share at value of C$873m or FY22E EBITDA multiple 30% premium1 €664m2 of 9.6x3 Strong Financial Attractive combined Improving the pro-forma Profile, with T
Slide 17: Transaction Timeline
Transaction Timeline • The closing of the transaction is subject to customary closing conditions including IBI Group shareholder approval and applicable regulatory and court approvals • Transaction expected to close in the second half of 2022 Transaction IBI Group Expected Announcement Shareholder V
Slide 18: Combination of Arcadis and IBI Group Offers a Compelling Opportunity
Combination of Arcadis and IBI Group Offers a Compelling Opportunity ✓ Arcadis and IBI Group are two highly complementary businesses with significant opportunity to accelerate growth together ✓ Expands our scale in North America and enhances our capabilities in key focus areas Places and Digital ✓ A
Slide 19: Q&A
Q&A