---
schema_version: "secwatch.filing_event.v1"
accession: "0000090168-24-000043"
form_type: "8-K"
ticker: "SIF"
cik: "0000090168"
company_name: "SIFCO INDUSTRIES INC"
filed_at: "2024-10-21T23:59:59+00:00"
generated_at: "2026-05-30T12:41:17.439508+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SIFCO completes sale of C Blade S.p.A. for €20M enterprise value, receives ~$14.7M net cash

## Summary
- Sale closed Oct 15, 2024; buyer TB2 S.r.l. acquired 100% of C Blade for €20M enterprise value (€13.8M net equity at closing).
- Net cash proceeds of ~$14.7M after adjustments and transaction costs; pro forma cash rises from $1.7M to $15.7M.
- Pro forma FY2023 net sales from continuing ops $66.1M vs $87.0M historical; net loss from continuing ops $10.5M vs $8.7M.
- Pro forma nine months ended Jun 30, 2024: net loss $7.2M vs $4.9M historical; net sales $58.0M vs $76.9M.
- One-time transaction costs estimated at $0.5M, with $0.3M still expected to be incurred.

## SEC filing metadata
- accession: 0000090168-24-000043
- form_type: 8-K
- ticker: SIF
- cik: 0000090168
- company_name: SIFCO INDUSTRIES INC
- filed_at: 2024-10-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/90168/000009016824000043/0000090168-24-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/90168/000009016824000043/sif-20241015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000090168-24-000043
- JSON: https://secwatch.observer/filing/0000090168-24-000043.json
- Plain text: https://secwatch.observer/filing/0000090168-24-000043.txt

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