secwatch.observer — SEC 8-K summary
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Issuer:     EASTERN CO (EML)
CIK:        0000031107
Form:       8-K
Filed at:   2026-06-02T13:08:28+00:00
Accession:  0001654954-26-005609
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastern Company acquires Sungear and Crown Precision for $7.85M, establishing fourth platform
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- Acquired all equity of Sungear and Crown Precision for $7.85M on a cash-free, debt-free basis.
- Combined trailing-12-month revenue through April 1, 2026 was approximately $22.8M.
- Transaction funded under Eastern's existing revolving credit facility with Citizens Bank.
- Acquired businesses will continue with existing management under Eastern's decentralized model.
- New aerospace/defense platform complements existing Eberhard, Velvac, and Big 3 Precision units.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/31107/000165495426005609/0001654954-26-005609-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/31107/000165495426005609/eml_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-005609

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