Alleghany 2021 Full Year Performance Highlights
(1)
(2)
Alleghany Capital - FY 2021 Business Updates (continued)
Company /
Acquired
Wilbert
Commemorating Life with Respect
Revenue (1) /
% Owned
■
$261
100%
FY 2021 Business Update
Despite a tapering of COVID-related demand, revenue increased 45% vs. 2020
■ Wilbert closed on the acquisition of 100.0% of Memorial Monuments on December
29th
2017
KT
KENTUCKY TRAILER
2013
CONCORD HOSPITALITY
-ENTERPRISES
2018
$234
78%
$ 160
85%
Piedmont
$103(2)
Manufacturing Group
100%
2018
PRECISION
CUTTING
$39
TECHNOLOGIES
100%
2012
"
◉
◉
◉
•
Revenue up 13% YoY driven by higher demand for furniture vans and truck bodies,
and growth in Europe
KT's revenue backlog was at an all-time high in December 2021, more than double the
backlog at year end December 2020
Concord's operating performance continues to be impacted by Pandemic-related
industry pressure, but recent occupancy and daily rates are trending up
2021 revenue increased 29% as the number of revenue generating hotels increased to
136 from 124 at year-end 2020
On May 10, 2021, Alleghany Capital, through a newly formed subsidiary, Piedmont
Manufacturing Group, acquired 100% of Wilbert Plastic Services in a new platform
acquisition
Piedmont provides injection molded and thermoformed parts and assemblies for
leading original equipment manufacturers in a variety of markets
Revenue declined 2% vs. 2020 driven largely by declines in Bourn & Koch machine
revenue and CID Performance Tooling parts revenue which was negatively impacted
by Pandemic-related weakness in the aerospace sector, slightly offset by an increase in
Supermill parts revenue
■
Backlog was more than double the prior year
FY 2021 Alleghany Capital product and service revenues. Revenues are on 100% basis in $ millions.
From May 10, 2021 through December 31, 2021.
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