7 July 2015
VIEW FERRO INVESTOR UPDATE FULL PRESENTATION
NUBIOLA: COMPANY OVERVIEW
Worldwide leading producer of inorganic pigments
We are a specialized worldwide producer of Inorganic Pigments,
with headquarters in Barcelona, Spain
and more than 100 years of experience in the marketplace.
We are committed to sustainable growth
based on the technical and production capabilities
that permits to market innovative and efficient products.
That commitment explains its position of
world’s largest Ultramarines producer
as well as reliable partner in a wide range of pigments
such as Iron Oxides, Zinc Ferrites, Chrome Oxide Greens,
Chrome Yellowsand Molybdate Oranges, Bismuth Vanadates
as well as Corrosion Inhibitors.
Our company employs about 750 people,
has 5 production plants all over the world and
a joint venture in China and sells to more than 85 countries.
Customers are mainly in the Plastics, Coatings, Construction,
Printing Ink, Artist’s Colors, Cosmetics, Soap,
Detergents, Rubber, Ceramic and other industries.
Since July 7th, 2015, we are a Ferro Company.
DETAILS
announced today that it has completed the acquisition of
on a cash-free and debt-free basis
for €149 million (approximately
subject to customary working capital and
other purchase price adjustments.
The acquisition was previously announced on April 29, 2015.
Nubiola is a worldwide producer of specialty inorganic pigments
and the world’s largest producer of Ultramarine Blue,
a pigment for the plastics and construction industries,
highly valued for its durability, unique color attributes
and whitening capability.
Nubiola also produces
specialty Iron Oxides, Chrome Oxide Greens and
Corrosion Inhibitors.
Nubiola employs approximately 750 people around the world,
including temporary employees, and
has production facilities
in Spain, Colombia, Romania, and India and
a joint venture in China.
Ferro Chairman, President and CEO
“We are excited about the Nubiola acquisition and
the opportunities it provides to drive shareholder value,
enhance our current position in inorganic pigments,
and accelerate our strategy to become
a leading global functional coatings and color solutions company,”.
“We look forward to working with the Nubiola team
to continue the company’s long tradition of quality,
innovation and customer service.”
“Nubiola is a good example of the kind of businesses
we consider attractive acquisition candidates.
Relative to the businesses we recently divested,
Nubiola has higher profit margins, stronger positions
in its respective markets, and more synergies with
our core glass-based coatings and color solutions operations.
Nubiola is a great strategic fit, giving us
a more diverse pigments portfolio and
nearly doubling the size of our color solutions business platform.
We continue to actively pursue a number of other transactions
to build out our three business segments.
We are pleased with our progress and
excited about future opportunities.”
WWW.CHEMWINFO.COM BY KHUN PHICHAI
