---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-121550"
form_type: "8-K"
ticker: "GRC"
cik: "0000042682"
company_name: "GORMAN RUPP CO"
filed_at: "2022-04-27T23:59:59+00:00"
generated_at: "2026-06-26T04:16:24.530429+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Gorman-Rupp acquires Fill-Rite for $525M; Q1 sales up 14.8% to $102.2M, EPS $0.29

## Summary
- Acquisition of Fill-Rite/Sotera from Tuthill for $525M; net ~$445M after $80M tax benefits; expected close Q2 2022.
- Fill-Rite generated ~$140M revenue and $34.5M adjusted EBITDA (25% margin) in trailing 12 months.
- Expected cash EPS accretive, double-digit accretion in 2023; combined revenues >$500M; dividend policy unchanged.
- Q1 2022 net sales $102.2M (+14.8% YoY); EPS $0.29 (incl $0.05 unfavorable LIFO); backlog $195.5M (+55.7%).
- Funded with cash and new debt; JPM committed $450M senior secured and $90M subordinated term loan.

## SEC filing metadata
- accession: 0001193125-22-121550
- form_type: 8-K
- ticker: GRC
- cik: 0000042682
- company_name: GORMAN RUPP CO
- filed_at: 2022-04-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/42682/000119312522121550/0001193125-22-121550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/42682/000119312522121550/d574496d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-121550
- JSON: https://secwatch.observer/filing/0001193125-22-121550.json
- Plain text: https://secwatch.observer/filing/0001193125-22-121550.txt

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