Xerium Technologies

Andritz acquired Xerium for $13.50 per share

Share premium of 146.8% (1)

Highest premium for a US public company in the last 5 years (2)

Result of a 3 month strategic alternatives process

Cross-border strategic to strategic transaction

True North served as exclusive sellside advisor to Xerium

(1)Refers to Xerium’s share price of $5.47, the last closing price prior to Xerium’s announcement of a review of strategic alternatives on March 19, 2018.
(2)Source: Capital IQ Transaction database. Compares the above premium to premiums of all control transactions of public companies traded on major US exchanges in the past 5 years. Premiums calculated based on closing share price on the day before deal announcement.
(3)Includes pension and other financial liabilities.

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