secwatch / observer
8-K filed September 28, 2023, 7:59 PM ET ticker ENOV CIK 0001420800
M&A confidence high sentiment positive materiality 0.85

Enovis agrees to acquire LimaCorporate for ~€800M enterprise value

Enovis CORP

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Enovis CORP entered into Share Purchase Agreement with Emil Holding II S.à r.l. valued at Enterprise value of approximately €800 million: ~€700 million cash plus 1,942,686 shares of Enovis c (effective 2023-09-22).

Action
entry
Agreement
merger
Counterparty
Emil Holding II S.à r.l.
Value
Enterprise value of approximately €800 million: ~€700 million cash plus 1,942,686 shares of Enovis c
Effective
2023-09-22
Exact text from the filing
On September 22, 2023, Enovis Corporation (the “Company”) entered into a definitive agreement to acquire LimaCorporate S.p.A. (“Lima”), a privately held global orthopedic company focused on restoring motion through digital innovation and customized hardware.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Enovis CORP entered into Commitment Letter with JPMorgan Chase Bank, N.A., UBS AG Stamford Branch, UBS Securities LLC valued at $800 million senior bridge facility and $400 million senior term loan facility (effective 2023-09-22).

Action
entry
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., UBS AG Stamford Branch, UBS Securities LLC
Value
$800 million senior bridge facility and $400 million senior term loan facility
Effective
2023-09-22
Exact text from the filing
In connection with entering into the Purchase Agreement, on September 22, 2023, the Company entered into a commitment letter (the “Commitment Letter”) with JPMorgan Chase Bank, N.A. (“JPMorgan”), UBS AG Stamford Branch (“UBS AG”), and UBS Securities LLC (“UBS Securities”), pursuant to which JPMorgan and UBS AG agreed to provide a new $800 million senior bridge facility (the “Bridge Facility”) for financing the Acquisition.
View on SEC.gov

38 material agreements filed in the last 30 days. Browse all material agreements →

Enovis CORP filing history →

Source: SEC EDGAR
accession 0001193125-23-245630
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