<PAGE>
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 Act of 1934
Date of Report (Date of earliest event reported) August 30, 2000
Commission File #0-18018
AEROVOX INCORPORATED
(Exact name of registrant as specified in its charter)
Delaware 76-0254329
-------- ----------
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
740 Belleville Avenue, New Bedford, MA 02745
-------------------------------------------------
(Address of principal executive offices) (Zip Code)
(508) 994-9661
--------------
Registrant's telephone number
<PAGE>
ITEM 4. CHANGES IN CERTIFYING ACCOUNTANTS
On August 30, 2000, Aerovox Inc. (the "Company") dismissed
PricewaterhouseCoopers LLP ("PwC"), the Company's independent accountants.
PwC's reports on the Company's financial statements for the two most recent
fiscal years in the period ending December 31, 1999 contained no adverse opinion
or disclaimer of opinion and was not modified or qualified as to uncertainty,
audit scope, or accounting principles.
The change of independent accountants was recommended by the Audit Committee and
the Board of Directors granted management the authority to dismiss the Company's
independent accountants and engage a new independent accountant.
During the Company's two most recent fiscal years and the subsequent interim
periods up to the date of termination, there were no disagreements with PwC on
any matters of accounting principles or practices, financial statement
disclosure, or auditing scope or procedures which, if not resolved to the
satisfaction of PwC, would have caused PwC to make reference to the matter in
their reports on the financial statements.
The Company requested PwC furnish it with a letter addressed to the Securities
and Exchange Commission stating whether it agrees with the above statements. A
copy of that letter, dated September 1, 2000, is filed as Exhibit 16.1 to this
Form 8-K.
On August 30, 2000, the Company engaged KPMG LLP ("KPMG") to act as its
independent accountants to audit the Company's consolidated financial
statements. The Company did not consult with KPMG regarding the application of
accounting principles to a specified transaction, either completed or proposed
or the type of audit opinion that might be rendered on the Company's financial
statements during the Company's two most recent fiscal years or during the
subsequent interim periods.
ITEM 7. EXHIBITS
(a) Financial statements of business acquired. Not applicable.
(b) Pro forma financial information. Not applicable.
(c) Exhibits.
Exhibit No. Description
----------- -----------
16.1 Letter to Securities and Exchange Commission from
PricewaterhouseCoopers LLP.
<PAGE>
SIGNATURE
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 authorize;
AEROVOX INCORPORATED
DATE September 7, 2000 BY /S/ F. RANDAL HUNT
---------------------
F. Randal Hunt
Senior Vice President and Chief Financial Officer
<PAGE>
EXHIBIT INDEX
Aerovox Incorporated Form 8-K
<TABLE>
<CAPTION>
Exhibit Page/SEC
Item Exhibit Document
------- --------- ----------
<S> <C> <C> <C>
(16) Instruments Defining the Rights of Security Holders,
---------------------------------------------------
Including Indentures.
--------------------
16.1 Filed Herewith:
Letter to Securities and Exchange Commission
from PricewaterhouseCoopers LLP --- ---
</TABLE>
