CVD Equipment agrees to sell SDC division to Atlas Copco for $16.9M

CVD EQUIPMENT CORP

Purchase price of $16.9M in cash, subject to customary adjustments; net proceeds ~$15.0M after expenses and taxes.
Closing expected in Q2 2026; $900K placed in escrow for post-closing adjustments and indemnification.
CVD retains Saugerties, NY facility; will lease it to buyer for up to two years post-close.
Divestiture aligns with previously announced strategic alternatives; proceeds to enhance balance sheet and shareholder value.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

CVD EQUIPMENT CORP entered into Asset Purchase Agreement with Atlas Copco Group valued at Purchase Price of $16,900,000, subject to adjustment (effective 2026-03-23).

Action: entry
Agreement: asset purchase
Counterparty: Atlas Copco Group
Value: Purchase Price of $16,900,000, subject to adjustment
Effective: 2026-03-23

Exact text from the filing

On March 23, 2026, CVD Equipment Corporation, a New York corporation (the “Company”), entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with the Atlas Copco Group based in Nacka, Sweden (the “Buyer”) Under the Asset Purchase Agreement, the Company has agreed to sell to the Buyer all or substantially all of the assets related to the Company’s Stainless Design Concepts (“SDC”) business division and excluding any and all other assets of the Company and its Affiliates (as defined in the Asset Purchase Agreement), and the Buyer will assume certain specified liabilities, in each case as set forth in the Asset Purchase Agreement (collectively, the “Transaction”).

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Source: SEC EDGAR

accession 0001493152-26-012282

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