---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-084639"
form_type: "8-K"
ticker: "NX"
cik: "0001423221"
company_name: "Quanex Building Products CORP"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:44:21.362552+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Quanex closes acquisition of Tyman for ~$504M cash and 14.1M shares

## Summary
- Aggregate consideration: 14,139,477 new Quanex shares and $504.1M cash (£392.2M at 1.2855).
- Tyman shareholders received 240p cash + 0.05715 NX shares per Tyman share, plus 15p special dividend.
- Quanex expects acquisition to be meaningfully accretive to earnings within first full year after closing.
- Integration plan: ~50% completed within first 12 months; Teleios granted Board Observer right until 2026.
- Tyman shares suspended on LSE Aug 1, cancellation Aug 2; new NX shares begin trading on NYSE Aug 2.

## SEC filing metadata
- accession: 0001104659-24-084639
- form_type: 8-K
- ticker: NX
- cik: 0001423221
- company_name: Quanex Building Products CORP
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1423221/000110465924084639/0001104659-24-084639-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1423221/000110465924084639/tm2420399d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-084639
- JSON: https://secwatch.observer/filing/0001104659-24-084639.json
- Plain text: https://secwatch.observer/filing/0001104659-24-084639.txt

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