---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-163460"
form_type: "8-K"
ticker: "JBTM"
cik: "0001433660"
company_name: "JBT MAREL Corp"
filed_at: "2024-06-18T23:59:59+00:00"
generated_at: "2026-06-01T03:51:45.196157+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# JBT files audited financials for 2021-2023 in support of Marel takeover offer

## Summary
- FY 2023 revenue $1.66B (+5% YoY); operating income $164.7M vs $132.6M in 2022.
- Continuing ops diluted EPS $4.02 in 2023, up from $3.23 in 2022.
- Cash from AeroTech sale boosted cash to $483.3M at Dec 2023 from $71.7M.
- Long-term debt reduced to $646.4M from $977.3M; used proceeds to pay down debt.
- Changed inventory costing method from LIFO to FIFO in 2023, impacting comparability.

## SEC filing metadata
- accession: 0001193125-24-163460
- form_type: 8-K
- ticker: JBTM
- cik: 0001433660
- company_name: JBT MAREL Corp
- filed_at: 2024-06-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1433660/000119312524163460/0001193125-24-163460-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1433660/000119312524163460/d811361d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-163460
- JSON: https://secwatch.observer/filing/0001193125-24-163460.json
- Plain text: https://secwatch.observer/filing/0001193125-24-163460.txt

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