CAST IRON

Zanussi Metallurgica S.p.A.
VCP
MAJORITY SHAREHOLDERS

Firm specializing in management of private
equity funds

Established in 1988 VCP has completed 50
investments, totaling over 13 billion dollars

Today running funds over 4 billion dollars 18
companies in portfolio

Fund named “VCP IV” active for new
investments with a subscribed capital of 2,5
billion dollars
VCP MAIN
INVESTMENTS SECTORS
• Aircraft components
• Foods/Beverages
• Retail/Apparel/Textile
• Consumer products
• Industrial Products
• Healthcare
• Media/
Communications
• Specialty Chemicals
• Packaging
MAIN INVESTORS IN
VCP EQUITY
• Public
Pensions
• Corporate
Pensions
• Financial
Institutions
• Endowments
and
foundations
• Foreign
Investors
VCP CRITERIA
FOR INVESTING
• Old Economy
Sectors
• Leadership in
the Market
• Growth
Potentiality
• Partnership
with
Management
MISSION ZML
Zanussi Metallurgica wants to keep a stable Leadership position on
the European Market supplying Cast Iron and Aluminum Die casted
components as well as Enameled Copper Wires, having reliable
relationship with customers and using best practices.
Everybody has to cooperate reaching excellent performances in:
 Customer Satisfaction
 Quality Production and Service
 Efficiency
 Profitability
 Environmental Concern
“People make the difference” at ZML and achievement of our goals is
based on:
Involvement, Cooperation, Responsibility and Membership Pride
ZML ORGANIZATION CHART
Managing Director
A. OLIMPI
Administration -I.T. & Control
P. GASPARDO
Cast Iron Division
G. STEFFENATO
Quality Assurance
S. NOTARO
Industrial Area
M. PITTERI
Manufactoring
Production planning
Maintenance
Quality Control
Engineering
Product Development
Resources Analysis
L. OTTOGALLI
Material Area
G. DRUSIAN
Purchasing
Logistics
Sales
HR & TQM
G. TONELLOTTO
Aluminum Division
G SARTORI
Quality Assurance
R. MILLIN
Resourses Analysis
F. ROSSITTI
Industrial Area
T. ANZIUTTI
Manufactoring
Production planning
Maintenance
Quality Control
Engineering
Product Development
Materials area
L. RIGO
Purchasing
Logistics
Sales
Copper Division
G. SARTORI
Quality Assurance
P. BONAVOLTA
Resources Analysis
V. NICODEMO
Industrial Area
F. FIGINI
Manufactoring
Production planning
Maintenance
Quality Control
Engineering
Product Development
Materials Area
N. SARTORI
Purchasing
Logistics
Sales
ZML STRATEGIC ISSUES
 Products range widening
 Added Value Increasing
 New Materials and Technologies
 Co-makership
ZML STRATEGY
IMPLEMENTATION
 Internal Growth
 Merger and Acquisitions
 Joint-ventures
 Commercial Partnerships
INVESTMENTS
16
14,3
EURO MILLIONS
14
12,3
11,5
12
10
8,1
8
6
3,9
3,7
3,5
3,8
1999
2000
2001
4
2
0
1994
1995
1996
1997
1998
PLANT LAY-OUT
Maniago Plant
Aviano Plant
Copper
CAST IRON
S.G.M.
Canteen
Offices
COPPER
Services
ALUMINIUM
Porter’s Lodge
CARMO
CSSE URM
COPPER
WAREHOUSE
Tooling Dept.
ALUMINIUM
WAREHOUSE
CAST IRON
MELTING CENTER
CAST IRON
DISAMATIC 1
MOULDING AM 49
CAST IRON
SAND BLASTING EQUIPMENTS
ALUMINUM
MELTING OVEN
ALUMINUM
DIE CASTING PRESSES
ALUMINUM
2000 TONS PRESS BAY
COPPER
DRAWING MACHINE
COPPER
ENAMELLING LINE
COPPER
ENAMELLING LINE
GENERAL FIGURES
Number of employees
634 - (avg. 627)
Main Products
Rough/Machined Castings in Grey Iron
Die Cast Aluminum
Enameled Copper Wire
Technologies
Cast Iron
Aluminum
Copper
Total Area
348.232 m2
Covered Area
110.159 m2
Green Sand
Cold chamber pressure
die-casting
Drawing, annealing and
enameling of wire
PRODUCTION FACILITIES
AND RANGE
Components
Production
Capacity
Facilities
Cast Iron
0.10 to 10 Kg
70000 tons/year in
3 shifts per day
1 horizontal moulding
line (flasks)
975x675x230+230
2 vertical moulding
lines (Disamatic)
moulds
600x480x120-330
Aluminium
0.05 to 19 Kg
11000 tons/year
in 3 shifts per day
31 horizontal
cold-chamber
presses from 400
to 2000 tons
Copper
0.2 to 3,55 mm
Enamelled Wire
Class F (155°C)
Class H (180°C)
Class C (200°C)
24000 tons/year
in 3 shifts per day
29 ovens consisting of
316 lines made of
188 horizontal lines
128 vertical lines
CAST IRON DIVISION PRODUCTION
FLOW
MELTING CUPOLA 24 T / H
RECEIVER 30 T
RECEIVER 50 T
MOULDING
POURING
ON LINE
SAND
BENTONITE
SHAKING
OUT
SHAKING
OUT
SHAKING - OUT
BLACK MINERALE
WATER
SHOT-BLASTING
SHOT
BLASTING
SHOT
BLASTING
CORES
SHELLS
FINISHING
FINISHING
DELIVERY
FINISHING
ALUMINUM DIE CASTING DIVISION
PRODUCTION FLOW
INGOTS
( 60 % )
FOUNDRY RETURNS
( 40 % )
MELTING FOURNACES
Transportation
laddles
Aluminum Die Casting
Trimming
WAREHOUSE
SUPERFICIAL FINISHING
DELIVERY
COPPER DIVISION
PRODUCTION FLOW
COPPER ROD
8 mm
ROUGHING
1,00 mm - 2,60 mm
ENAMELLING
DRAWING
ENAMELLING
WAREHOUSE
PALLETTED SPOOLS FROM 100 - 200 - 400 Kg
ZAMET TURNOVER TREND
143,8
160
152,6
139,5
140,3
127,3
140
111,3
113,7
EURO MILLIONS
120
100
75,8
80
60
40
20
0
1994
1995
1996
1997
1998
1999
2000
2001
CAST IRON DIVISION
TURNOVER TREND
56,7
60
54,1
53,8
50,2
EURO MILLIONS
50
40
43,8
45
1995
1996
52,3
33
30
20
10
0
1994
1997
1998
1999
2000
2001
CAST IRON DIVISION
VOLUME TREND
67,6
70
TON ( x 1000 )
68,9
62,5
55,4
60
50
68,8
66,9
55,4
45,1
40
30
20
10
0
1994
1995
1996
1997
1998
1999
2000
2001
ALUMINUM DIE CASTING
DIVISION TURNOVER TREND
40
34.4
40.1
39.8
2000
2001
35.8
35
29.6
EURO MILLIONS
30
25
22.7
22.9
1995
1996
20
13.5
15
10
5
0
1994
1997
1998
1999
ALUMINUM DIE CASTING
DIVISION VOLUME TREND
9,4
10
8,8
7,2
8
6,4
7
TON ( x 1000 )
8,9
8,4
9
6
9,3
4,5
5
4
3
2
1
0
1994
1995
1996
1997
1998
1999
2000
2001
COPPER DIVISION
TURNOVER TREND
58,1
60
52,2
EURO MILLIONS
50
49,0
47,1
43,8
40,4
40,2
1995
1996
40
30
25,4
20
10
0
1994
1997
1998
1999
2000
2001
COPPER DIVISION
VOLUME TREND
22,2
22,9
22,8
21,0
19,3
20
TON ( x 1000 )
14,8
15
15,3
12,7
10
5
0
1994
1995
1996
1997
1998
1999
2000
2001
NET SALES FOR EACH DIVISION
ACT 2001 (Euro Millions/%)
52.33
47.10
39.80
37%
34%
29%
Cast Iron
Aluminum
Copper
SALES BY CUSTOMERS
ACT 2001
SIEMENS
2%
PIERBURG
7%
R. BOSCH
1%
ZF
1%
DAYCO
2%
TECUMSEH
4%
IVECO
6%
AMETEK
1%
EMBRACO
3%
BITZER
1%
ECC
33%
KHD
1%
OTH
21%
ACC
5%
EHP
12%
VOLUMES BY CUSTOMERS
CAST IRON – ACT 2001
TECUMSEH
9%
VW
2%
METALDYNE
3%
DAYCO
7%
SKF
2%
EHP
13%
OTH
9%
BREMBO
3%
SATA
2%
EMBRACO
5%
ECC
45%
VOLUMES BY CUSTOMERS
ALUMINUM – ACT 2001
OTH
7%
APRILIA
3%
GRUENER
2%
PIERBURG
26%
IVECO
21%
STEYER
4%
BLOMBERG
2%
EHP
16%
ECC
5%
DENSO
2%
ACC
12%
VOLUMES BY CUSTOMERS
COPPER WIRE – ACT 2001
SIEMENS
13%
AMETEK
3%
OTH
19%
ELETTROGAMMA
2%
G.C.E.
6%
EMERSON
2%
UNIELETRIC
2%
ACC
13%
ATB
3%
ECC
37%
VOLUMES SEGMENT SPLIT
ACT 2001
50000
47357
40000
30000
20000
10000
16031
3498
13666
3126
5650
1485
5878
84
0
Cast Iron
Aluminum
HOUSEHOLD APPLIANCES
Copper wire
AUTOMOTIVE
ET/EM
NET SALES SEGMENT SPLIT
ACT 2001
Household Appliances
Automotive
ET/EM
Cast Iron
Aluminum
Copper Wire
HOUSEHOLD APPLIANCES
INDUSTRY
CUSTOMER
Products
Division
AEG
Electrolux Zanussi
washing machine components
washing machine components
GG - Al
GG - Al
Cubigel Unidad Hermetica
Verdichter
Zanussi Elettromeccanica
Sole
Embraco Europe
Tecumseh Europe
Bitzer
compressors castings, copper
compressors castings, copper
compressors castings, copper
motor shields, copper wire
compressors castings, copper
compressors castings
compressors castings
wire GG - Al
wire GG - Al
wire GG - Al
Cu - Al
wire GG - Al
GG
GG
Siemens
Emerson group
Ametek Italia
Blomberg
Flender - ATB
Ceset
copper wire
copper wire
copper wire
washing machine components
copper wire
copper wire
Cu
Cu
Cu
Al
Cu
Cu
- Cu
- Cu
- Cu
- Cu
AUTOMOTIVE INDUSTRY
CUSTOMER
END USER
Products
Gruener
Volkswagen
Iveco
ZF
VW Group
Al
GG - Al
GG - Al
Daimler Crysler
Audi
Dayco
Simpson
Mercedes
Steering
automatic gearbox components,
gear box cover, supports,
housings, dampers,
water pumps, shifting forks, covers
water pumps
motor-shaft cover
dampers pulley
dampers pulley
water pumps, oil pumps, pulley
GG - Al
GG - Al
master cylinders, wheel cylinders
flywheels
solid and ventilated brake discs
oil pumps, steering boxes
clutch components
GG
GG
GG
GG - Al
GG
oil pans
diesel engine covers
transmissions
carters
copper wire
copper wire
copper wire
alternator supports, copper wire
copper wire
Al
Al
Al
Al
Cu
Cu
Cu
Al - Cu
Cu
Pierburg
Robert Bosch
Sata
Brembo
Zahnrad Fabrik
Titan
VM Motori
Deutz Motor
Steyer - Puch
Meccanica 2C
Siemens AG-A&D
Gate
FIAMM
Denso Manufacturing
Iskra
Fiat, OEM D/F
Peugeot, Renault
OEM D
Fiat, Peugeot, BMW
Renault, GM, Ford
Fiat, Iveco, OEM D
Fiat
Spare parts for OEM
OEM D
Case New Holland,
Massey Ferguson
Audi, VW
Aprilia
Fiat, Mercedes
GG
GG
GG - Al
ELECTROTECHNICAL – ELECTRO
MECHANICAL INDUSTRY
CUSTOMER
Products
Division
SKF
Lafert
Ingersoll Rand
Mab Masellis
DAB (Grunfoss)
Lowara (ITT)
Ebara
Electroadda
Mecc-Alte
Marelli Motori
Sisme
Elco
Siemens AG-A&D
Elettrogamma
T.M.A.
CAME
Unielectric
ball bearing housing
motor flanges, copper wire
cylinder liners
doors lockers
copper wire
copper wire
copper wire
copper wire
copper wire
copper wire
copper wire
copper wire
copper wire
copper wire
copper wire
copper wire
copper wire
GG
GG - Cu
GG
GG
Cu
Cu
Cu
Cu
Cu
Cu
Cu
Cu
Cu
Cu
Cu
Cu
Cu
CAST IRON PRODUCTS
Audi
Magneti Marelli
VW
ZF
CAST IRON PRODUCTS
Brembo
ZF
Robert Bosch
Fiat Group
CAST IRON PRODUCTS
Fiat Group
Fiat - Peugeot - Renault
Electrolux
Bitzer
CAST IRON PRODUCTS
Tecumseh Europe
Electrolux
Embraco
ALUMINUM DIE CASTING
PRODUCTS
Steyer Powertrain
Pierburg Sarl (F)
KHD
Iveco
ALUMINUM DIE CASTING
PRODUCTS
Aprilia
ALUMINUM DIE CASTING
PRODUCTS
Gruener
Iveco Sofim
Iveco
Iveco
ALUMINUM DIE CASTING
PRODUCTS
Pierburg Lanciano
ENAMELLED COPPER WIRE
Zanussi Metallurgica S.p.A.
www.zml.it
Zona Industriale
33085 Maniago (PN)
ITALY
Tel. 0039.0427.708111
Fax. 0039.0427.708285