Proposed Acquisition of Citadel Plastics Holdings, Inc. March 16, 2015
Use of Non-GAAP Measures This presentation includes certain financial information determined by methods other than in accordance with accounting principles generally accepted in the United States (GAAP). The non-GAAP financial measure of…
Citadel Transaction Summary A. Schulman has signed a definitive agreement to acquire all of the issued and outstanding capital stock of privately held Citadel Plastics Holdings, Inc. for 800 million. Citadel is a leading North…
A. Schulman & Citadel: An Excellent Strategic Fit Citadel generates significant revenues in the U.S., enhancing A. Schulmans regional scale and efficiencies, as well as balancing our current geographic footprint. Citadel also gives A.…
Citadels Business Overview Business Description Historical Pro Forma Revenue = Revenue (mm) = % Growth Citadel is a leading plastics material science business, providing custom engineered solutions for specialized applications 4.9%…
Citadels Business Segments Engineered Plastics Thermoset Composites 2014E Proforma Revenue / EBITDA (mm) 288 / 32 239 / 43 EBITDA 11% 18% Margin (%) Used in compression and injection molding Polyolefins, engineered TPs Highly…
Citadels Global Market Access Anchored by Established North American Presence Citadels Global Footprint 2014 Revenue by Geography US/CAN: 15 Facilities LatAm: 3 Facilities EMEA: 1 Facility APAC: 2 Facilities EMEA 5% APAC 1% Latin…
Citadels Unparalleled Ability to Match Customers Needs With Material Solutions Key End Markets End Market % of Revenue Key Applications Representative Customers Forward Lighting Systems 26% Exterior Luggage Systems Transportation…
Snapshot of A. Schulman and Citadel + = Pro Forma Leading international supplier of high- Leading material science expert, providing Leading supplier of high performance performance plastic compounds and resins custom engineered…
Pro Forma Financial Snapshot of A. Schulman and Citadel 2014 Pro Forma Revenue Historical Pro Forma Revenue (mm) = A. Schulman = Citadel = % Growth Other (e.g. Appliance / 2.8% 12.8% Packaging (2.4%) Consumer) 24% 26% 31.7%…
Key Transaction Terms PURCHASE PRICE 800 Million FINANCING Debt financed primarily with long-term debt and senior notes FUNDING Fully-committed financing from JP Morgan Chase Bank, N.A. and Bank of America Merrill Lynch TIME…
APPENDIX 13
Greater Diversification of Customers, End Markets & Geographies will further strengthen the New A. Schulman Pro Forma Other (e.g. Other Transportation Appliance / Other 22% 17% Packaging Packaging 26% Consumer) 25% 26% 32%…
Reconciliation of GAAP to Non-GAAP Financial Measures: Adjusted EBITDA A. Schulman, Inc. Fiscal Year Ended August 31, 2014 2013 2012 Unaudited & In Thousands Net income attributable to A. Schulman, Inc. 56,193 26,099 50,887 (Income)…
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