secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL CORP /VA/ (UVV)
CIK:        0000102037
Form:       8-K
Filed at:   2021-10-04T23:59:59+00:00
Accession:  0001193125-21-291013
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal completes acquisition of Shank's Extracts, expanding flavors and ingredients platform
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- Completed acquisition of Shank's Extracts, a specialty flavoring and ingredient company with bottling/packaging.
- Shank's offers over 2,400 extracts, flavors, and colors; 200+ employees; 191,000 sq ft facility in Lancaster, PA.
- Acquisition expands Universal's plant-based ingredients platform; funded with cash on hand and existing borrowing.
- No purchase price disclosed; previously announced in September 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/102037/000119312521291013/0001193125-21-291013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/102037/000119312521291013/d214427d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-291013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer