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ACME UNITED CORP — M&A Activity 2017
Feb 2, 2017
33889_rns_2017-02-02_4d907b58-0b58-4f5a-a702-66bed4266739.zip
M&A Activity
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8-K 1 acu_8k020217.htm 8-K
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (date of earliest event reported): February 2, 2017
ACME UNITED CORPORATION
(Exact name of registrant as specified in its charter)
| Connecticut | 001-07698 | 06-0236700 |
|---|---|---|
| (State or other jurisdiction of incorporation or organization) | (Commission file number) | (I.R.S. Employer Identification No.) |
| 55 Walls Drive, Fairfield, Connecticut | 06824 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (203) 254-6060
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
□ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
□ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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ITEM 1.01. REGISTRANT’S BUSINESS AND OPERATIONS.
On February 1, 2017, Acme United Corporation issued a press release announcing that it had agreed to acquire the assets of Spill Magic, Inc., for $7.2 million in cash. Based in Santa Ana, CA, Spill Magic is a leader in absorbents that encapsulate spills into dry powders that can be safely disposed. Additional information related to the acquisition of Spill Magic can be found in the Company’s press release dated February 1, 2017. A copy of the press release is attached as Exhibit 99.1 to this current report.
(c) Exhibits
| Exhibit Number | Description |
|---|---|
| 99.1 | Press release dated February 1, 2017. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ACME UNITED CORPORATION | |
|---|---|
| By | /s/ Walter C. Johnsen |
| Walter C. Johnsen | |
| Chairman and | |
| Chief Executive Officer | |
| Dated: February 2, 2017 | |
| By | /s/ Paul |
| G. Driscoll | |
| Paul G. Driscoll | |
| Vice President and | |
| Chief Financial Officer | |
| Dated: February 2, 2017 |
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EXHIBIT INDEX
| Exhibit Number | Description |
|---|---|
| 99.1 | Press release dated February 1, 2017. |
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