Owens&Minor Investor Conference Presentation Deck
Proven Track Record of Successfully Integrating Acquisitions
Byram and Halyard acquisitions have diversified the business and strengthened OMI's financial profile
Target
Description
Strategic
Rationale
Impact
9
Acquired Aug 2017
Byram
HEALTHCARE
A leading distributor of medical supplies focused on chronic
conditions sold directly to patients and home health agencies in the
U.S.
Diversified the Company's revenue streams across the
continuum of care with a higher margin business
Complemented transaction processing and developed OMI's
expertise in managing third party reimbursement
Operated in fragmented market with strong growth
Patient Direct business has experienced significant growth
since the acquisition of Byram in 2017, representing
approximately a ~20% CAGR¹ since acquisition
I
I
I
I
T
Acquired April 2018
✪ HALYARD
D
S&IP Business
A leading global provider of medical supplies and solutions for the
prevention of healthcare-associated infections
Substantially augmented owned-brand portfolio to gain scale
via targeted vertical integration
Allowed company to cross-sell across existing relationships in
acute and non-acute settings
Expanded sourcing scale and capabilities
Global products business² has experienced significant growth
since the acquisition of Halyard in 2018 - net revenue has
increased from $1,434 million in 2019 to $2,656 million in 2021,
representing a 36% CAGR1,3
¹ Beginning benchmark year represents the first full financial year post-acquisition; 2 Global Products was formerly its own segment and is now included within the Products & Healthcare Services segment as of Q1 2022, and includes other
legacy priority products and OMI's kitting business:³ Excludes impact of inter-segment revenue
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