September 2022 Presentation
FILL-RITE ALIGNS WITH GORMAN-RUPP'S
DISCIPLINED M&A CRITERIA
Criteria
Preferences
Products
■ Pumps or pumping related equipment and systems
that complement existing product lines
■ Chemical / Fuels
■ Municipal
HVAC
OEM
Markets
■ Alternative Energy
Marine
GR
GORMAN-RUPP
COMPANY
The Pump People
Fill-Rite acquisition
Premier fuel and chemical transfer pumps
across agriculture, construction, mining,
marine, fleets, and municipalities
■ Food/BEV / Pharma
■
Culture
Regions
Competitive
Landscape
Condition of
Business
Customer-Focused
■ Employee Focused
■ Quality-Focused
■ U.S., Europe, Asia
Industrial
Dredging
High-quality operations with outstanding
culture and demand for excellence in
business and service
■Leading Brands/Positions in Niche Markets
#1 brand in the 0-35 GPM fuel transfer
pump industry
Strong and experienced management
team committed to continuing in current
roles
■ Not a turnaround situation
Structure
Financial
Performance
Size
◉
Bolt-on with compatible management that is
retained post acquisition
Attractive profitability, growing, accretive near term,
meets IRR requirements
■ $25MM to $150MM in Revenue
Steady revenue growth complemented by
a strong margin and cash flow profile that
is expected to contribute double digit
percentage accretion in 2023
Potential for commercial synergies
SEPTEMBER 2022 PRESENTATION
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