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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES AND EXCHANGE ACT OF 1934
September 27, 2000
(Date of Report)
AQUA-CHEM, INC.
(Exact name of registrant as specified in its charter)
Delaware 333-60759 39-1900496
(State or other (Commission File (IRS Employer
jurisdiction of Number) ID Number)
incorporation)
7800 North 113th Street
P.O. Box 421
Milwaukee, Wisconsin 53201
(Address of principal executive offices)
(414) 359-0600
(Registrant's telephone number, including area code)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On September 14, 2000, Aqua-Chem, Inc. ("Aqua-Chem") sold to Aquatech
International Corporation ("Aquatech") certain assets and technology of its
Seawater and Industrial Business for approximately $1 million. The agreement
also provides for potential future payments to Aqua-Chem based upon Aquatech's
sales of certain products during the five years following this transaction. In
conjunction with this transaction, five employees of Aqua-Chem's Seawater and
Industrial Business agreed to become employees of Aquatech.
To complete this transaction, Aqua-Chem amended its Indenture dated
June 23, 1998 related to its 11 1/4% Senior Subordinated Notes Due 2008
("Notes") with the consent of the holders of a majority of the outstanding
Notes.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
4.4 First Supplemental Indenture dated September 6, 2000 to the
Indenture of Trust dated June 23, 1998 between Aqua-Chem, Inc.
and United States Trust Company of New York, as Trustee.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
AQUA-CHEM, INC.
(Registrant)
By: /s/ James A. Kettinger
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Name: James A. Kettinger
Senior Vice President and
Chief Financial Officer
Date: September 27, 2000