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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)
November 25, 1997
LDM Technologies, Inc.
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(Exact name of registrant as specified in its charter)
Michigan 333-21819 38-269-0171
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
2500 Executive Hills Drive, Auburn Hills, Michigan 48326
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (248) 858-2800
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Item 2. Acquisition or Disposition of Assets
On November 25, 1997 a newly-formed subsidiary of LDM Technologies,
Inc., a Michigan corporation ("Registrant") named Anja Verwaltungsgesellschaft
mbH (the "Purchaser"), pursuant to the terms of an Acquisition Agreement dated
November 12, 1997 ("Agreement") filed as Exhibit I to this report on Form 8-K,
purchased substantially all of the operating assets of Aeroquip-Vickers
International GmbH ("Aeroquip") consisting of plant, equipment and inventory and
located in Beienheim, Germany.
The aggregate purchase price paid for the assets was $8.6 million cash,
subject to certain closing adjustments, and in addition the Purchaser assumed
certain liabilities of Aeroquip in the approximate amount of $2.5 million. The
funds required for the purchase price were acquired by the Registrant under its
Senior Credit Facility with Bank America Business Credit, Inc., as agent, for
itself and a group of banks.
There was no material relationship between Aeroquip and the Registrant
or any of its affiliates, any director or officer of the Registrant, or any
associate of any such director or officer.
Aeroquip is engaged in the business of manufacturing and distributing
plastic components for automotive manufacturers. The business and operations of
Aeroquip will be continued by the Registrant substantially as they were
conducted prior to the acquisition.
Item 7. Financial Statements and Exhibits
(a) Financial statements of business acquired: It is impracticable
to file the required financial statements for the acquired
businesses at the time this report on Form 8-K is filed. The
Registrant will file such financial statements by an amendment on
or before February 15, 1998.
(b) Pro forma financial information: It is impracticable to file
the required pro forma financial information at the time this
report on Form 8-K is filed. The Registrant will file such pro
forma financial information by an amendment on or before February
15, 1998.
(c) Exhibits
1. Acquisition Agreement between Aeroquip-Vickers International
GmbH and Anja Verwaltungsgesellschaft mbH dated November 12,
1997.
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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 thereunto duly authorized.
LDM TECHNOLOGIES, INC.
By: /s/ Gary E. Borushko
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Gary E. Borushko
Chief Financial Officer
Dated: December 10, 1997
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INDEX TO EXHIBITS
EXHIBIT NO. DESCRIPTION
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1 Acquisition Agreement between Aeroquip-Vickers International GmbH and
Anja Verwaltungsgesellschaft mbH dated November 12, 1997.