SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported) March 22,
1999
Jordan Industries, Inc.
(Exact name of registrant as specified in its charter)
Illinois 33-24317 36-3598114
(State or other (Commission (I.R.S. Employer
Jurisdiction) File Number) Identification No.)
ArborLake Centre, Suite 550
1751 Lake Cook Road, Deerfield, IL 60015
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (847) 945-5591
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Item 2. Acquisition or disposition of assets
On March 22, 1999, the Company purchased Alma Products
("Alma") for $86.3 million. Alma is comprised of three
primary business segments: (i) high quality remanufactured
torque converters used to supply warranty replacements for
automotive transmissions originally sold to Ford, Chrysler,
John Deere and Caterpillar, (ii) new and remanufactured air
conditioning compressors for original equipment manufactures
including Ford, Chrysler and General Motors, and (iii) new
and remanufactured clutch and disc assemblies used in
standard transmissions sold primarily to Ford. The purchase
price of $86.3 million is made up of cash of $84.0 million
and a $2.3 million assumption of a long-term liability for
retiree healthcare benefits.
For the fiscal year ended December 31, 1998, Alma had
net sales of $73.5 million and EBITDA of $14.0 million.
Item 7. Financial Statements and Exhibits
(a) Financial Statements
It is not practicable to provide the required financial
statements for the acquired business at this time. The
required financial statements will be filed no later than
sixty (60) days following the filing of this report.
(b) Pro Forma Financial Information
The pro forma financial information will be filed no later
than sixty (60) days following the filing of this report.
(c) Exhibits
2. (a) Asset purchase agreement between Alma Piston
Company and Alma Products Holdings, Inc.
dated as of February 26, 1999.
Certain exhibits and schedules to the agreements
referred to in the item 2(a) have not been included;
they will be furnished supplementally if requested by
the Commission.
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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.
JORDAN INDUSTRIES, INC.
March 31, 1999 By /s/ Thomas C.Spielberger
Thomas C.Spielberger
Senior Vice President
Finance and Accounting
