---
schema_version: "secwatch.filing_event.v1"
accession: "0000090168-24-000029"
form_type: "8-K"
ticker: "SIF"
cik: "0000090168"
company_name: "SIFCO INDUSTRIES INC"
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:52:35.025095+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SIFCO Industries to sell Italian subsidiary C Blade S.p.A. for €20M enterprise value

## Summary
- SIFCO Irish Holdings agrees to sell 100% of C Blade S.p.A. to TB2 S.r.l. for €20M enterprise value (€13.8M net equity at closing).
- Closing expected Sept 18, 2024, subject to Italian Golden Power approval and customary conditions.
- Non-compete covenants restrict SIFCO in Europe, UK, Vatican, Switzerland, and San Marino.
- Buyer to obtain R&W insurance; Seller indemnifies for breaches not covered by policy.

## SEC filing metadata
- accession: 0000090168-24-000029
- form_type: 8-K
- ticker: SIF
- cik: 0000090168
- company_name: SIFCO INDUSTRIES INC
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/90168/000009016824000029/0000090168-24-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/90168/000009016824000029/sif-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000090168-24-000029
- JSON: https://secwatch.observer/filing/0000090168-24-000029.json
- Plain text: https://secwatch.observer/filing/0000090168-24-000029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.