secwatch / observer
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.
View on SEC.gov

Browse all m&a transactions →

Commercial Vehicle Group, Inc. filing history →

Source: SEC EDGAR
accession 0001628280-24-041910
view filing index on sec.gov
view primary document
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.