{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-010641","form_type":"8-K","ticker":"JBTM","cik":"0001433660","company_name":"JBT MAREL Corp","filed_at":"2024-01-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.175743+00:00","generated_at":"2026-06-06T21:12:51.462098+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"JBT announces intention to acquire Marel for €3.5B; reports prelim 2023 EPS above guidance and 2024 outlook","bullets":["JBT to acquire Marel at €3.60 per share, valuing Marel equity at ~€2.7B and enterprise value at ~€3.5B (incl. net debt).","Offer premium: 54% above Marel's Nov 23 close (ISK 350) and 16% above Jan 18 close; consideration mix ~65% stock, 35% cash.","Expected cost synergies >$125M annually within three years post-close; pro forma net leverage <3.5x at YE2024, <3.0x by YE2025.","Preliminary FY2023 GAAP EPS $4.00-$4.10 (above prior guidance of $3.50-$3.65); adjusted EPS $4.05-$4.15 (prior $3.95-$4.10).","FY2024 guidance: revenue $1.75B-$1.78B, adjusted EPS $5.05-$5.45, adjusted EBITDA margin 17.0%-17.5%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-010641","json":"https://secwatch.observer/filing/0001193125-24-010641.json","markdown":"https://secwatch.observer/filing/0001193125-24-010641.md","text":"https://secwatch.observer/filing/0001193125-24-010641.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1433660/000119312524010641/0001193125-24-010641-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1433660/000119312524010641/d175011d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T21:12:51.462098+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"045c26fcb7ca1ff0e0694b7c51711b5d43ce6931","claim":"JBT MAREL Corp updated its Full Year 2023 guidance (raised).","evidence_excerpt":"JBT Corporation Announces Intention to Launch a Voluntary Takeover Offer to Effectuate Merger with Marel hf; also Announces Solid Preliminary 2023 Financial Results and 2024 Guidance","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1433660/000119312524010641/0001193125-24-010641-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year 2023"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}