| Mettler-Toledo International, Inc. | |||
| Ticker: | MTD | Park Avenue Tower 65 East 55th Street, 27th Floor | |
| Exchange: | New York Stock Exchange | New York, NY 10022 | |
| Industry: | Manufacturing (SIC Code 3596) | (212) 644-5900 | |
| # of Employees: | 6800 | ||
| Type of Shares: | Common Shares | Filing Date: | 9/15/97 | |
| U.S. Shares: | 6,667,000 | Offer Date: | 11/13/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $14.00 - $16.00 | |
| Primary Shares: | 6,667,000 | Offer Price: | $14.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.95 | |
| Offering Amount: | $100,005,000 | Selling: | $0.55 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | - |
| Manager | Tier | Phone |
| Merrill Lynch & Co. | Lead Manager | (212) 449-4600 |
| BT Alex Brown | Co-manager | (410) 727-1700 |
| CS First Boston | Co-manager | (212) 325-2000 |
| Goldman, Sachs & Co. | Co-manager | (212) 902-5959 |
| Issuer's Law Firm: | Fried, Frank, Harris, Shriver & Jacobson |
| Bank's Law Firm: | Debevoise & Plimpton |
| Auditor: | KPMG Accountants N.V. |
| Registrar/Transfer Agent: | BankBoston |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 6/30/97 | 6/30/96 | 6/30/97 | ||
| Revenue: | $889.57 | $436.85 | $417.81 | Assets: | $787.13 |
| Net Income: | $5.33 | $10.95 | -$36.29 | Curr Assets: | |
| EPS: | Liabilities: | $818.27 | |||
| Prior EPS: | Curr Liabilities: | ||||
| Cash Flow/Oper: | Equity: | -$31.13 | |||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | Working Cap: | $75.81 | |||
| Business Description |
| The company is a leading global supplier of precision instruments. The company is the world's largest manufacturer and marketer of weighing instruments for use in laboratory, industrial and food retailing applications. In addition, the company holds on of the tope three market positions in several related analytical instruments such as titrators, thermal analysis systems, pH meters, automatic lab reactors and electrodes. Through its recent acquisitions of Safeline Limited, the company is also the world's largest manufacturer and marketer of metal detection systems for companies that produce and package goods in the food processing, pharmaceutical, cosmetics, chemicals and other industries. The company focuses on high value-added segments of its markets by providing innovative instruments, by integrating these instruments into application-specific solutions for customers, and by facilitating the processing of data gathered by its instruments and the transfer of this data to customers' management information systems. The company services a worldwide customer base through its own sales and services organization and has a global manufacturing presence in Europe, the United States and Asia. |
| Business Plan |
| Key elements of the company's growth strategy are: (I) New Product Introductions, (ii) Capitalize on Market Opportunities, (iii) Further Expansion in Emerging Markets, (iv) Pursue Selected Acquisition Opportunities and (v) Reengineering and Cost Reductions. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repurchase Notes outstanding and pay related premiums and fees and expenses. |
| Officer Name | Title | Age |
| Philip Caldwell | Chairman of the Board of Directors | 77 |
| Peter Burker | Head, Human Resources | 51 |
| John D. Robechek | Head, Industrial and Retail (Americas) | 49 |
| Lukas Braunschweiler | Head, Industrial and Retail (Europe) | 41 |
| Karl M. Lang | Head, Laboratory Division | 50 |
| Thomas Rubbe | Head, Logistics and Information Systems | 43 |
| Robert F. Spoerry | President, Chief Executive Officer and Director | 42 |
| William P. Donnelly | Vice President, Chief Financial Officer, Treasurer and Assistant Secretary | 36 |