secwatch.observer — SEC 8-K summary
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Issuer:     DUCOMMUN INC /DE/ (DCO)
CIK:        0000030305
Form:       8-K
Filed at:   2021-12-16T23:59:59+00:00
Accession:  0001193125-21-358659
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ducommun acquires Magnetic Seal for $69.5M; expands A&D engineered products portfolio
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- Purchase price $69.5M, net of cash acquired; funded via cash on hand and $65M revolver draw.
- MagSeal provides proprietary magnetic seals for A&D, used on 50+ aircraft programs including AH-64 Apache, F-15, F-18, C-130, and commercial jets.
- Acquisition closed Dec 16, 2021 via subsidiary Ducommun LaBarge Technologies; MagSeal becomes wholly owned subsidiary.
- Financing drawn from existing revolving credit facility under Amended Credit Agreement (Nov 2018, as amended).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30305/000119312521358659/0001193125-21-358659-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30305/000119312521358659/d203605d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-358659

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