SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): September 20, 2000
HANSEN NATURAL CORPORATION
(Exact name of registrant as specified in charter)
DELAWARE 0-18761 39-1679918
(State or other jurisdiction of (Commission (IRS employer
incorporation) file number) identification no.)
2380 Railroad Street, Suite 101 92880-5471
Corona, California (Zip Code)
(Address of principal executive offices)
(909) 739-6200
(Registrant's telephone number, including area code)
<PAGE>
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On September 20, 2000, Blue Sky Natural Beverage Co., a
Delaware corporation and a newly-formed subsidiary of Hansen Beverage Company
("Purchaser"), purchased certain assets of Blue Sky Natural Beverage Co., a New
Mexico corporation ("Seller"), constituting Seller's natural carbonated sodas
and seltzers business for a cash purchase price of $6,500,000. Comerica Bank -
California provided financing to the registrant and Hansen Beverage Company to
pay the purchase price. The assets acquired include all trademarks and other
proprietary rights related to the Seller's business but exclude Seller's cash,
accounts receivable and accounts payable. The only liabilities of Seller assumed
by Purchaser in connection with the acquisition were those liabilities under
certain contracts assigned to Purchaser. There is no relationship between the
Seller and the registrant or any of its affiliates, any director or officer of
the registrant, or any associates of any such director or officer.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial statements of the
business acquired.
Financial statements
required by this item will
be filed by amendment to
this initial report no
later than December 4,
2000.
(b) Pro forma financial
information.
Pro forma financial
information required by
this item will be filed by
amendment to this initial
report no later than
December 4, 2000.
(c) Exhibits
Exhibit Number Description
2.1 Form of Asset Purchase
Agreement, dated as of
September 20, 2000, between
Seller and the Purchaser
(the "Purchase Agreement").
-2-
<PAGE>
10.1 Modification, dated as of
September 19, 2000, to
Revolving Credit Loan and
Security Agreement by and
between Hansen Beverage
Company and Comerica Bank -
California.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: October 4, 2000
HANSEN NATURAL CORPORATION
By: /s/ Rodney C. Sacks
Rodney C. Sacks
Chairman of the Board
and Chief Executive Officer
--------
1 Hansen Beverage Company is a wholly-owned subsidiary of the registrant, Hansen
Natural Corporation.
-3-
