Avantor Mergers and Acquisitions Presentation Deck
Transaction highlights¹
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سلسلللنا
Purchase price
EPS
ROIC
Financing
Expected Close
Navantor™
-
$2.9B all-cash payable at closing²
$2.7B net purchase price, reflecting anticipated tax
benefits
~21X 2022 Adjusted EBITDA Multiple
Expected to be accretive to adjusted EPS in year 1
HSD3 by year 5
Fully committed debt financing
Flexibility to consider equity and/or equity-linked
financing elements
Rapid deleveraging yields <4X leverage by YE2022
Q4 2021
1. Management estimates. Actual results may differ and those differences may be material
2. Enterprise value, subject to final adjustments at closing
3. High Single Digit = 7% to 9%; High Double Digit = >15%
MASTERFLEX®
FINANCIAL HIGHLIGHTS
~$300M
2022E Revenue
HDD
Long-Term
growth rate3
~90%
Proprietary content
>70%
Recurring consumables
revenue
Avantor to Acquire Masterflex®View entire presentation