{"schema_version":"secwatch.filing_event.v1","accession":"0000093389-24-000045","form_type":"8-K","ticker":"SMP","cik":"0000093389","company_name":"STANDARD MOTOR PRODUCTS, INC.","filed_at":"2024-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.431300+00:00","generated_at":"2026-05-30T07:11:48.385064+00:00","sec_items":["2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Standard Motor Products completes $390M acquisition of Nissens Automotive","bullets":["Acquired 100% of Nissens Automotive for ~$390M (€360M) net of cash and debt, closed Nov 1, 2024.","Funded via borrowings under SMP's credit facility with JPMorgan Chase Bank.","Nissens is a European manufacturer/distributor of engine cooling, A/C, and vehicle control technologies.","Acquired from Nordic PE firm Axcel and the Nissen family; creates aftermarket leader in NA and Europe.","CEO cites cross-selling and bi-directional synergies; Nissens' leadership team stays on."],"urls":{"canonical":"https://secwatch.observer/filing/0000093389-24-000045","json":"https://secwatch.observer/filing/0000093389-24-000045.json","markdown":"https://secwatch.observer/filing/0000093389-24-000045.md","text":"https://secwatch.observer/filing/0000093389-24-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/93389/000009338924000045/0000093389-24-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/93389/000009338924000045/smp-20241101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T07:11:48.385064+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"56c51d40c9aeea16675177447aa73d4f2ef855e5","claim":"STANDARD MOTOR PRODUCTS, INC. completed an acquisition involving AX V Nissens III ApS and its direct and indirect subsidiaries (Nissens Automotive) for approximately $390 million (€360 million), net of cash and assumed debt and subject to certain post-closing adjustments (closed 2024-11-01).","evidence_excerpt":"among the Company, the sellers party thereto, and Axcel V K/S, as the sellers’ representative. At the closing of the Acquisition, the Company paid consideration of approximately $390 million (€360 million), net of cash and assumed debt and subject to certain post-closing adjustments. The Company funded the Acquisition with borrowings under the Company's credit","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/93389/000009338924000045/0000093389-24-000045-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"AX V Nissens III ApS and its direct and indirect subsidiaries (Nissens Automotive)"},{"label":"Consideration","value":"approximately $390 million (€360 million), net of cash and assumed debt and subject to certain post-closing adjustments"},{"label":"Closing","value":"2024-11-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}