---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-166937"
form_type: "8-K"
ticker: "JBTM"
cik: "0001433660"
company_name: "JBT MAREL Corp"
filed_at: "2023-06-14T23:59:59+00:00"
generated_at: "2026-06-14T01:06:24.959664+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# JBT gets lender consent for AeroTech sale to Oshkosh; subsidiary guarantors released

## Summary
- Limited Consent entered June 9, 2023, gives lenders' approval for JBT's sale of AeroTech subsidiary to Oshkosh Corporation.
- Consent covers the AeroTech stock/asset sale and releases AeroTech and JBT Lektro as guarantors upon closing.
- Alternative sale to another third party also permitted if no default and pro forma covenant compliance.
- Credit Agreement remains fully in effect; no other waivers granted.

## SEC filing metadata
- accession: 0001193125-23-166937
- form_type: 8-K
- ticker: JBTM
- cik: 0001433660
- company_name: JBT MAREL Corp
- filed_at: 2023-06-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1433660/000119312523166937/0001193125-23-166937-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1433660/000119312523166937/d518973d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-166937
- JSON: https://secwatch.observer/filing/0001193125-23-166937.json
- Plain text: https://secwatch.observer/filing/0001193125-23-166937.txt

## Key facts
- Material Agreements
  JBT MAREL Corp entered into Stock and Asset Purchase Agreement with Oshkosh Corporation (effective 2023-05-26).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Oshkosh Corporation
  - Effective: 2023-05-26
  source text: entered into a Stock and Asset Purchase Agreement, dated as of May 26, 2023, pursuant to which, subject to the terms and conditions set forth therein, the Company agreed to sell AeroTech and certain related assets and liabilities to Purchaser
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433660/000119312523166937/0001193125-23-166937-index.htm
- Material Agreements
  JBT MAREL Corp entered into Limited Consent and Release with Wells Fargo Bank, National Association (effective 2023-06-09).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association
  - Effective: 2023-06-09
  source text: (the “ Dutch Borrower ” and, collectively with the Company, the “ Borrowers ”), the lenders party thereto (the “ Lenders ”), and Wells Fargo Bank, National Association, as administrative agent for the Lenders the ( “Administrative Agent” ), entered into a Limited Consent and Release (the “ Limited Consent ”) to the Amended and Restated Credit Agreement (the “ Credit Agreement ”), dated as of December 14, 2021, by and among the Borrowers, the Lenders, and the Administrative Agent, pursuant to which the Lenders and the Administrative Agent (a) provided a consent to the Transaction to the extent required under the terms of the Credit Agreement and (b) agreed to (x) release and discharge each of AeroTech and JBT Lektro, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433660/000119312523166937/0001193125-23-166937-index.htm

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