TRIMBLE INC. (TRMB): M&A transaction — Trimble closes €1.9B acquisition of Transporeon on April 3, 2023

TRIMBLE INC.

Aggregate purchase price of approximately €1.9 billion, including repayment of outstanding indebtedness.
Funding from $800M 6.100% senior notes due 2033, a new term loan, credit facilities, and cash.
Transporeon platform connects over 150,000 carriers and 1,400 shippers/retailers with sourcing, planning, and settlement tools.
Transporeon will be reported within Trimble's Transportation segment.
Acquisition closed on April 3, 2023, as previously announced.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

TRIMBLE INC. completed an acquisition involving Spider Investments Luxembourg S.à r.l. for approximately €1.9 billion (closed 2023-04-03).

Action: acquisition
Counterparty: Spider Investments Luxembourg S.à r.l.
Consideration: approximately €1.9 billion
Closing: 2023-04-03

Exact text from the filing

Holding” and each of their respective subsidiaries, the “Target Group Companies”), which own Transporeon (the “Acquisition”), for an aggregate purchase price of approximately €1.9 billion, which includes the repayment of the entire outstanding indebtedness of certain subsidiaries of the Target Group Companies as of the closing date of the Acquisition. The

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Source: SEC EDGAR

accession 0000864749-23-000040

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