Investor Presentaiton
M&A Strategy Focused on Profitable Growth
Bolt-On Acquisition Playbook
Target Profile
■
☐
Privately held small to
medium sized businesses
Build and foster long-term
relationships
Avoid auctions or
competitive bidding
situations where possible
Sales and distribution
through similar or existing
channels for Atkore
Strategy
"
Strategic fit from a product
or category perspective, or
fills a portfolio gap
Identified path to synergy &
value creation
Debt responsible
Within existing
management bandwidth
and capacity
Value Creation
Leverage global spend for
key raw material input
categories to reduce costs
Add products into Atkore
sales & distribution
umbrella for "One order,
one shipment, one invoice"
Drive 1-2 turns of synergy
Quick Facts:
A
▲ Atkore
Spent over $290 million of cash on
acquisitions since FY2017
Added over $400 million in profitable
revenue through M&A activities since
2012
Exited over $400 million in breakeven
proforma revenue since 2012
Successful Track Record of Portfolio Management
2013
Acquired Heritage Plastics
Closed manufacturing location in France
Closed manufacturing location in Brazil
Fiscal
Year
Related Segment
A
Electrical Raceway
A Mechanical Products &
Solutions
A
Atkore International, Inc.
2015
2017
Acquired American Pipe & Plastics
Acquired SCI
Acquired Marco
Acquired Flexicon
Closed manufacturing location in Ohio
2019
Acquired Vergokan
Acquired U.S. Tray
Acquired Rocky Mountain Colby Pipe
Acquired FlyTec Systems
2021
A
Acquired Queen
City Plastics
2014
2016
2018
2020
Acquired Ridgeline Pipe
Manufacturing
A
Ceased operations for fence &
sprinkler business
A
Acquired CalPipe
A
A Divested Flexhead
Closed manufacturing
location in Wales
12View entire presentation