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): June 7, 1999
MMI PRODUCTS, INC.
(Exact Name of Registrant as Specified in Its Charter)
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DELAWARE 333-29141 74-1622892
(State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Identification No.)
Incorporation or Organization
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515 West Greens Road, Suite 710
Houston, Texas 77067
(Address of Principal Executive Offices)
(281) 876-0080
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
HO\3whr03.
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Item 2. Acquisition or Disposition of Assets.
On June 7, 1999, MMI Products, Inc. (the "Company") acquired the assets of the
wholesale fence division of National Wholesale Fence Supply, Inc. (the
"Seller"). The Seller's wholesale fence division is a distributor of fence
products and a manufacturer of ornamental iron fence products. The Seller's
wholesale fence division had net sales of approximately $26.1 million for the
year ended December 31, 1998. The total acquisition price was approximately
$13.3 million in cash and was funded by the Company's revolving credit facility.
In connection with such purchase, the Company subleased the Seller's ornamental
fencing plant located in San Fernando, California and four fence service centers
located in California.
Such subleases have various terms that run from 8.5 months to 5 years at rates
that approximate the market, which will be paid from the Company's revolving
credit facility. The Seller used such subleased property in its wholesale fence
business, and the Company intends to continue such use.
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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.
Date: June 16, 1999 By: /s/ Robert N. Tenczar
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Robert N. Tenczar, Vice President
and Chief Financial Officer
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