Owens Corning Inc · NYSE:OC
Owens Corning — Merger or Acquisition (October 2017)
6 slides from Owens Corning's merger presentation, Oct 29, 2017
Slide 1: Owens Corning Enters into Agreement to Acquire Paroc Group
Owens Corning Enters into Agreement to Acquire Paroc Group October 29, 2017
Slide 2: Forward-Looking Statements and Non-GAAP Measures
Forward-Looking Statements and Non-GAAP Measures This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are subject to risks, uncertainties and othe
Slide 3: Paroc Acquisition Continues Transformation of Insulation Business
Paroc Acquisition Continues Transformation of Insulation Business Entered into an agreement to acquire a leading European mineral wool manufacturer for an enterprise value of approximately €900MM, subject to regulatory approvals Expands technology portfolio and geographic presence of the Insulat
Slide 4: Paroc Acquisition Improves Corporate Financial Outlook
Paroc Acquisition Improves Corporate Financial Outlook Estimate 2017 revenue of standalone business at €410MM, with adjusted EBITDA margins of slightly more than 20% Expect acquisition to be immediately accretive to 2018 EPS, excluding transaction and integration costs Anticipate to achieve ru
Slide 5: Paroc Acquisition Accesses Strong Capabilities and Compelling Market Dynamics
Paroc Acquisition Accesses Strong Capabilities and Compelling Market Dynamics Second largest mineral wool manufacturer in Europe Strong management team and operational capability A leading position in two attractive end-markets Building insulation Increasing energy efficiency and Thermal, acou
Slide 6: Positions Owens Corning Insulation as a Scale Manufacturer in European Market
Paroc Acquisition Positions Owens Corning Insulation Business as a 9Scale Manufacturer in the Attractive European Market European Insulation Business Footprint ParocFacility Facility Paroc FoamglasFacility Facility Expands European Insulation Foamglas Headquarters presence to 18 countries Headquar