---
schema_version: "secwatch.filing_event.v1"
accession: "0001587523-23-000073"
form_type: "8-K"
ticker: "KN"
cik: "0001587523"
company_name: "Knowles Corp"
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T14:49:12.155769+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Knowles to acquire Cornell Dubilier for $263M; exploring strategic alternatives for Consumer MEMS Microphones

## Summary
- Acquire Cornell Dubilier for $263M total: $140M cash at close + $123M interest-free seller note.
- CD has >$135M annual revenue; adds film, electrolytic, mica capacitors; accretive to non-GAAP EPS in 2024.
- Evaluating strategic alternatives for Consumer MEMS Microphones segment; Jefferies LLC engaged.
- Acquisition expected to close in Q4 2023, subject to regulatory approvals and customary conditions.
- Pro forma leverage ~1.4x EBITDA; maintains balanced capital deployment including buybacks.

## SEC filing metadata
- accession: 0001587523-23-000073
- form_type: 8-K
- ticker: KN
- cik: 0001587523
- company_name: Knowles Corp
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587523/000158752323000073/0001587523-23-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587523/000158752323000073/kn-20230918.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587523-23-000073
- JSON: https://secwatch.observer/filing/0001587523-23-000073.json
- Plain text: https://secwatch.observer/filing/0001587523-23-000073.txt

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