Filing Analysis
CVD Equipment Corporation completed the sale of its Stainless Design Concepts (SDC) business division to Atlas Copco Group for $16.9 million. The company retained its Saugerties, NY facility and entered into a two-year lease agreement with the buyer to generate rental income.
Key Facts
- Completed sale of SDC business division to Atlas Copco Group on April 1, 2026
- Aggregate consideration of $16,900,000 in cash, subject to post-closing adjustments
- $900,000 of the purchase price was placed in escrow for indemnification and adjustments
- Retained ownership of the Saugerties, New York facility
- Entered into a 2-year lease agreement with the buyer for the facility at an initial annual rent of $182,750
- Pro forma financial information was filed as Exhibit 99.2
CVD Equipment Corporation announced its financial results for the fourth quarter and fiscal year ended December 31, 2025, via a press release on March 30, 2026.
Key Facts
- The company reported financial results for the fiscal year and fourth quarter ended December 31, 2025.
- The information was furnished under Item 2.02 (Results of Operations and Financial Condition).
- A press release was included as Exhibit 99.1 to the filing.
- The report was signed by Richard Catalano, Executive Vice President and CFO.
CVD Equipment Corporation has agreed to sell its Stainless Design Concepts (SDC) business division to Atlas Copco Group for $16.9 million. The company will retain ownership of its Saugerties, New York facility and lease it back to the buyer for an initial two-year term.
Key Facts
- Agreement signed on March 23, 2026, with Atlas Copco Group.
- Total purchase price is $16,900,000, subject to adjustments.
- $900,000 of the purchase price will be held in escrow for post-closing adjustments and indemnification.
- The transaction involves the sale of all or substantially all assets of the SDC division.
- CVD Equipment will lease its Saugerties, NY facility to the buyer for two years post-closing.
- The transaction is expected to close in the second quarter of 2026.