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8-K filed October 2, 2024, 7:59 PM ET ticker CVGI CIK 0001290900
M&A confidence high sentiment positive materiality 0.65

Commercial Vehicle Group, Inc. (CVGI): M&A transaction — CVG completes $40M sale of Cab Structures business to Volvo Group company

Commercial Vehicle Group, Inc.

item 2.01item 8.01item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.99

Commercial Vehicle Group, Inc. completed a disposition involving SVO, LLC, a Delaware limited liability company (Buyer) / a Volvo Group company for $40 million, subject to adjustment for any variance of the actual value of inventory at October 1, 2024 from the estimated inventory value (closed 2024-09-06).

Action
disposition
Counterparty
SVO, LLC, a Delaware limited liability company (Buyer) / a Volvo Group company
Consideration
$40 million, subject to adjustment for any variance of the actual value of inventory at October 1, 2024 from the estimated inventory value
Closing
2024-09-06
Exact text from the filing
On September 6, 2024, the transaction closed with the Buyer paying Seller $20 million of the Purchase Price. On October 1, 2024, the Seller Parties received the remaining $20 million of the Purchase Price, the Assigned Contracts and the employees of Seller were transferred to Buyer, and the inventory is valued as of that date.
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4 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Commercial Vehicle Group, Inc. filing history →

Source: SEC EDGAR
accession 0001628280-24-041910
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