-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BXVWQb7Bl0MbtuMgZn44mpvdqUoZunemZSIRgUa1BwjAJgQTuWBOy+tldkN6Qi7i 7bFYu+JBevTene0xn3/6Eg== /in/edgar/work/0000804151-00-000018/0000804151-00-000018.txt : 20001117 0000804151-00-000018.hdr.sgml : 20001117 ACCESSION NUMBER: 0000804151-00-000018 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20001116 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20001116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IMO INDUSTRIES INC CENTRAL INDEX KEY: 0000804151 STANDARD INDUSTRIAL CLASSIFICATION: [3560 ] IRS NUMBER: 210733751 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-09294 FILM NUMBER: 771744 BUSINESS ADDRESS: STREET 1: 1009 LENOX DR STREET 2: PO BOX 6550 CITY: LAWRENCEVILLE STATE: NJ ZIP: 08648-0550 BUSINESS PHONE: 6098967600 MAIL ADDRESS: STREET 1: 1009 LENOX DR STREET 2: PO BOX 6550 CITY: LAWRENCEVILLE STATE: NJ ZIP: 08648-0550 FORMER COMPANY: FORMER CONFORMED NAME: IMO DELAVAL INC DATE OF NAME CHANGE: 19890313 FORMER COMPANY: FORMER CONFORMED NAME: TRANSAMERICA DELAVAL INC /DE DATE OF NAME CHANGE: 19861207 8-K 1 0001.txt FORM 8-K - NOVEMBER 16, 2000 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 Exchange Act of 1934 Date of Report (Date of earliest event reported): November 16, 2000 ----------------- Imo Industries Inc. (Exact name of registrant as specified in its charter) Delaware 1-9294 21-0733751 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification Number) 997 Lenox Drive, Suite 111 Lawrenceville, NJ 08648 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (609) 896-7600 Not Applicable -------------- (Former name or former address, if changed since last report) Item 5. Other Events. In a press release dated November 16, 2000, the Registrant announced that it had entered into an agreement to sell its Morse Controls division to Teleflex Incorporated. The information set forth in this Item 5 is qualified in its entirety by reference to the Registrant's press release announcing such information, which is filed herewith as an exhibit. Item 7. Financial Statements, Pro Forma Information and Exhibits. - ------ -------------------------------------------------------- (c) Exhibits 99.1 Press release dated November 16, 2000, issued by the Registrant. SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. IMO INDUSTRIES INC. Date: November 16, 2000 By: /s/ John A. Young ----------------- John A. Young Vice President and Chief Financial Officer EX-99 2 0002.txt PRESS RELEASE DATED NOVEMBER 16, 2000 IMO INDUSTRIES INC. FORM 8-K CURRENT REPORT DATED November 16, 2000 EXHIBIT 99.1 Press Release Dated November 16, 2000 FOR IMMEDIATE RELEASE Contact: John Young (804) 560-4070 Imo Industries Inc. Announces Agreement to sell Morse Controls Division to Teleflex Incorporated Richmond, VA, USA, November 16, 2000. Imo Industries Inc. announced today that it had entered into an agreement to sell its Morse Controls division to Teleflex Incorporated (NYSE: TFX) for $135 million in cash. The transaction is expected to be completed in January 2001, subject to the appropriate regulatory approvals. Morse Controls has sales of approximately $150 million and 9 manufacturing facilities in North America, Europe and Asia. In addition, Morse is a partner in two joint ventures: NHK Morse in Japan and Shanghai Dong Feng Morse in China. Morse Control manufactures a variety of mechanical, hydraulic and electronic products and systems for industrial, marine and aviation markets. Specific products include engine controls, steering systems, throttles, replacement engine parts, industrial chain and hose products and are sold under the Morse Controls(R), Hynautic(R), Sierra(R), AquaPower(R), and Shields Hose(R) brand names worldwide. Manufacturing facilities included in the sale are Hudson, Ohio; Litchfield, Illinois; Sarasota, Florida; Clearwater, Florida; Basildon, England; Marsta, Sweden; Heiligenhaus, Germany; Sydney, Australia; and Singapore. J.P. Morgan acted as exclusive financial advisor to Imo on the transaction. Imo Industries Inc. is a privately held company based in Richmond, Virginia. It is a leading manufacturer of Fluid Handling and Power Transmission products through its Imo Pump and Boston Gear divisions. -----END PRIVACY-ENHANCED MESSAGE-----