secwatch.observer — SEC 8-K summary
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Issuer:     KENNAMETAL INC (KMT)
CIK:        0000055242
Form:       8-K
Filed at:   2025-06-06T23:59:59+00:00
Accession:  0000055242-25-000052
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kennametal completes sale of Goshen, IN subsidiary for $19M; immaterial pre-tax loss
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- Sold Kennametal Stellite, L.P. (surface coating/welding) to a Chicago-based private equity firm.
- Proceeds of $19M at closing, subject to post-closing adjustments; EBITDA-based earn-out possible over 3 years.
- Pre-tax loss on sale is immaterial; subsidiary represents less than 2% of total sales.
- Proceeds to be used for general corporate purposes; step to improve sales mix and reduce material cost volatility.
- The operation is part of Kennametal's Infrastructure segment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/55242/000005524225000052/0000055242-25-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/55242/000005524225000052/kmt-20250606.htm
  HTML page:      https://secwatch.observer/filing/0000055242-25-000052

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