SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 to 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 13, 1995
MESTEK, INC.
(Exact name of registrant as specified in Charter)
Pennsylvania 1-448 25-0661650
(state of jurisdiction of (Commission File Number) (IRS Employer
incorporation) Identification No.)
260 North Elm Street, Westfield, Massachusetts 01085
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code (413) 568-9571
Not Applicable
(Former name or former address, if changed since last report)
<PAGE>
Item 2. Acquisition
On October 30, 1995, the Company executed an agreement whereby it would acquire
approximately eight-three (83%) of the issued and outstanding voting common
stock of National
Northeast Corporation and National Southeast Aluminum Corporation ("National").
National operates custom aluminum extrusion and fabrication facilities located
in Lawrence, Massachusetts and Winter Haven, Florida that will sell over $20
million of aluminum products to the building products, thermal management, power
control and other markets in 1995. The Company itself is a user of aluminum
extrusions in its HVAC segment. The consideration for the purchase is
approximately $9.96 million in cash and approximately $3.32 million payable over
three years contingent upon continuing levels of earnings. The Company expects
to close the transaction in January of 1996.
Item 7. Financial Statements and Exhibits
(a) Financial Statements of Businesses acquired.
Such unaudited information as is required pursuant to Regulation S-X will be
filed under cover of Form 8 as soon as possible, in no event later than sixty
(60) days after this report is required to be filed.
(b) Proforma Financial information.
Such proforma financial information as is required pursuant to Regulation S-X
will be filed under cover of Form 8 as soon as possible, in no event later than
60 days after this report is required to be filed.
(c) Exhibits:
Exhibit No. Description
2.1 Stock Purchase Agreement by and among Mestek, Inc. and
David Weener, John Morrison, Wayne Frerichs and Mark
McCrill
2.2 Stock Purchase Agreement by and among Mestek, Inc. and
David Weener, John Morrison, Wayne Frerichs and Mark
McCrill
Such Exhibits as listed above will be filed under cover of Form 8 on
November 14, 1995.
Mestek, Inc.
Dated: November 13, 1995 By: STEPHEN M. SHEA________________
Stephen M. Shea
Senior Vice President - Finance
Chief Financial Officer
