Business Context and Reporting Period
This Form 8-K is a current report filed by Gardner Denver Holdings, Inc. on June 7, 2017, regarding an event that occurred on June 5, 2017. The registrant is incorporated in Delaware and operates in the industrial sector.
Key Financial Metrics
The filing discloses a specific transaction metric but does not provide comprehensive financial statements for the period.
- Acquisition Cost: Approximately $20 million.
- Funding Source: Cash on hand.
- Revenue/Profit/Cash Flow: The filing text does not provide a clear value for these metrics.
- Debt/Liquidity: The filing text does not provide a clear value for these metrics.
Material Changes
The primary material change is the acquisition of LeROI Compressors ("LeROI"). The financial results of LeROI will be consolidated into the Company's Industrials segment effective May 31, 2017.
Outlook and Management Commentary
The filing contains no forward-looking guidance, management commentary on future performance, or discussion of risks and contingencies beyond the disclosure of the acquisition event itself.
Investor Verification Checklist
- Verify the exact purchase price and any contingent consideration for the LeROI Compressors acquisition.
- Confirm the impact of the $20 million cash outflow on the company's current liquidity position.
- Review the first quarterly report post-acquisition to assess the contribution of LeROI to the Industrials segment.
- Check for any subsequent filings regarding goodwill or intangible assets recorded from this transaction.