Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01Entry into a Material Definitive Agreement

On July 24, 2017, Commercial Vehicle Group, Inc.’s wholly owned subsidiary, Mayflower Vehicle Systems, LLC (the “Company”) entered into a Contract for Purchase and Sale of Real Property (the "Purchase Agreement"), with Warren Distribution, Inc. (the "Buyer"), to sell the Company's Shadyside, Ohio property for $2.5 million.

The Purchase Agreement contains customary representations, warranties, and covenants by the Company and Buyer and is subject to customary closing conditions, including completion of due diligence to the satisfaction of Buyer. Subject to the foregoing, the Purchase Agreement provides for closing to occur within 75 days. Until consummation of the closing, there can be no assurance that the property will be sold.

The foregoing description of the Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the Purchase Agreement, a copy of which will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ending September 30, 2017.

About Commercial Vehicle Group, Inc. (NASDAQ:CVGI)

Commercial Vehicle Group, Inc. is a supplier of a range of cab-related products and systems. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells products, which include Seats, Trim, sleeper boxes, cab structures, structural components and body panels, and mirrors and wiper systems. The GCA Segment manufactures and sells the products, which include Electronic wire harness assemblies and Seats, Wiper systems, Office seating, and Aftermarket seats and components. It supplies products for the commercial vehicle market, including the medium-and heavy-duty truck market, the medium-and heavy-construction vehicle market, and the military, bus, agriculture, mining, industrial equipment and off-road recreational markets. It has manufacturing operations in the United States, Mexico, the United Kingdom, Czech Republic, Ukraine, China, India and Australia.