8-K
filed April 2, 2026, 7:59 PM ET
ticker CVGI
CIK 0001290900
other material
confidence high
sentiment positive
materiality 0.60
CVG completes $16M sale-leaseback of Vonore facility; nets ~$14.6M to pay down debt
Commercial Vehicle Group, Inc.
- Sold Vonore, TN manufacturing facility for $16M; net proceeds ~$14.6M after tax and costs.
- Leased back property for 20-year term; initial annual rent $1.4M with 3.5% annual increases.
- Used net proceeds to prepay portion of existing term loan, reducing leverage.
- Reaffirmed full-year 2026 outlook from March 10, 2026 earnings release.
- CEO James Ray states transaction improves cash generation and positions for growth.
Machine-readable event card
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- Commercial Vehicle Group, Inc.
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- 2026-04-02T23:59:59+00:00
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- 2026-05-14T18:02:32.099001+00:00
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- 2026-05-15T07:48:21.268024+00:00
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- 0.6
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- https://www.sec.gov/Archives/edgar/data/1290900/000162828026022937/0001628280-26-022937-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1290900/000162828026022937/cvgi-20260327.htm
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On March 27, 2026, CVG National Seating Company, LLC (“Seller”), a subsidiary of Commercial Vehicle Group, Inc. (collectively with its subsidiaries, the “Company”), entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Big Acquisitions LLC, an affiliate of 200 National LLC (collectively, the “200 National”), pursuant to which the parties agreed to consummate a sale and leaseback transaction (the “Sale and Leaseback Transaction”).
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On March 27, 2026, CVG National Seating Company, LLC (“Seller”), a subsidiary of Commercial Vehicle Group, Inc. (collectively with its subsidiaries, the “Company”), entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Big Acquisitions LLC, an affiliate of 200 National LLC (collectively, the “200 National”), pursuant to which the parties agreed to consummate a sale and leaseback transaction (the “Sale and Leaseback Transaction”).
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On March 27, 2026, CVG National Seating Company, LLC (“Seller”), a subsidiary of Commercial Vehicle Group, Inc. (collectively with its subsidiaries, the “Company”), entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Big Acquisitions LLC, an affiliate of 200 National LLC (collectively, the “200 National”), pursuant to which the parties agreed to consummate a sale and leaseback transaction (the “Sale and Leaseback Transaction”).
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On March 27, 2026, CVG National Seating Company, LLC (“Seller”), a subsidiary of Commercial Vehicle Group, Inc. (collectively with its subsidiaries, the “Company”), entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Big Acquisitions LLC, an affiliate of 200 National LLC (collectively, the “200 National”), pursuant to which the parties agreed to consummate a sale and leaseback transaction (the “Sale and Leaseback Transaction”).
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On March 27, 2026, CVG National Seating Company, LLC (“Seller”), a subsidiary of Commercial Vehicle Group, Inc. (collectively with its subsidiaries, the “Company”), entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Big Acquisitions LLC, an affiliate of 200 National LLC (collectively, the “200 National”), pursuant to which the parties agreed to consummate a sale and leaseback transaction (the “Sale and Leaseback Transaction”).
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On March 27, 2026, CVG National Seating Company, LLC (“Seller”), a subsidiary of Commercial Vehicle Group, Inc. (collectively with its subsidiaries, the “Company”), entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Big Acquisitions LLC, an affiliate of 200 National LLC (collectively, the “200 National”), pursuant to which the parties agreed to consummate a sale and leaseback transaction (the “Sale and Leaseback Transaction”).
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On March 27, 2026, CVG National Seating Company, LLC (“Seller”), a subsidiary of Commercial Vehicle Group, Inc. (collectively with its subsidiaries, the “Company”), entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Big Acquisitions LLC, an affiliate of 200 National LLC (collectively, the “200 National”), pursuant to which the parties agreed to consummate a sale and leaseback transaction (the “Sale and Leaseback Transaction”).
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