Investor Presentation
Clear pathway to realize substantial synergies
Post-merger integration planning is on track - estimated annual synergy potential unchanged
~€106 million
estimated annual
merger synergies¹)
Corporate & financing synergies:
•
Reduced corporate cost
Reduced management cost
Optimized hiring plan
Improved financing terms
CADELER ✓ ENETI
~€18 million¹
+
Operational synergies:
Cross utilization of mission equipment, sea fastenings and tooling
Procurement efficiency gains
~€37 million¹
•
•
Upscaled project execution capabilities
Vessel OPEX savings
Utilization and commercial synergies:
Reduced mob-demob time
Secondary steel scope
Optimized fleet utilization and global presence
Work in parallel and accelerate projects
+
~€51 million¹
1) Based on management's expectations. Estimates of expected synergies are purely illustrative and are subject to certain risks and uncertainties. Figures are reflected prior to any transaction and integration costs. Transaction and change of control costs is
estimated to be in excess of €60m.View entire presentation