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Quotes & Info
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| KAMN > SEC Filings for KAMN > Form 8-K on 13-Aug-2012 | All Recent SEC Filings |
13-Aug-2012
Other Events, Financial Statements and Exhibits
On August 13, 2012, the company announced that its subsidiary, Kaman Industrial Technologies Corporation ("KIT"), entered into an asset purchase agreement on August 8, 2012 with Zeller Corporation, a New York corporation ("Zeller"), its shareholders and affiliated entities. Pursuant to such asset purchase agreement, KIT will acquire the operating assets and certain liabilities of Zeller and its affiliate entities. Zeller is a value added distributor of electrical and automation components and solutions, including motion control, programmable logic controller based automation, machine vision, electrical controls and power distribution products with expected 2012 sales of approximately $80 million for the full year.
The closing of the transaction, which is targeted in the third quarter of 2012, is subject to the satisfaction of customary closing conditions, including termination or expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. A copy of the press release announcing the transaction is furnished as Exhibit 99.1.
(c) Exhibits.
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