Arkema SA to Discuss the Planned Acquisition of ArrMaz Conference Call Transcript
Ladies and gentlemen, welcome to the Arkema's conference call. I will now hand over to Mr. Thierry Le Hénaff, Chairman and CEO. Sir, please go ahead.
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Thank you very much. Good morning, everyone. Thank you for joining us on this call on such short notice. I'm here together with 2 members of the Executive Committee, Bernard Boyer, who's in charge of M&A strategy; and Christophe André, who's in charge of our Advanced Materials segment. Also with us, the IR team and the communication team.
I suggest we use the slide show posted this morning on our website as a support document for our discussion.
We have organized this conference call (inaudible). As you could see, we have just announced earlier this morning our project to acquire ArrMaz, a major U.S.-based player with leading position in specialty surfactants. The agreed enterprise price value is USD 570 million, which corresponds to 10.8x the last 12-months EBITDA.
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