COOPER-STANDARD HOLDINGS INC. (OTCMKTS:COSHW) Files An 8-K Completion of Acquisition or Disposition of Assets
Item 2.01Completion of Acquisition or Disposition of Assets.

On April 1, 2019, Cooper-Standard Automotive Inc., a wholly-owned subsidiary of Cooper-Standard Holdings Inc., together with certain of its subsidiaries (collectively the “Company”), completed the divestiture of its anti-vibration system (“AVS”) business to ContiTech USA, Inc., a subsidiary of Continental AG (“Continental”), for a total purchase price of $265.5 million, subject to certain adjustments. The estimated net cash proceeds after taxes and transaction-related expenses and fees are expected to be approximately $220 – $225 million. The transaction included facilities in Auburn, Indiana, Mitchell, Ontario, and Rennes, France, as well as AVS-related assets in Poland and China, and a 50% equity interest in Sujan Cooper Standard AVS Limited, a joint venture in India (collectively the “AVS Business”). In addition, at closing the Company and Continental entered into certain ancillary agreements providing for the transition of the AVS Business.

Item 2.01Financial Statements and Exhibits.

(b) Pro forma financial information.

Unaudited pro forma consolidated financial statements as of December 31, 2018 and for the year ended December 31, 2018 are attached hereto as Exhibit99.

(d) Exhibits.

The following exhibit is furnished to Item 2.01 of Form 8-K:

Exhibit 99

Cooper-Standard Holdings Inc. Exhibit
EX-99 2 exhibit99-proformaamounts.htm EXHIBIT 99 Exhibit COOPER-STANDARD HOLDINGS INC.UNAUDITED PRO FORMA CONSOLIDATED FINANCIAL STATEMENTSThe following unaudited pro forma consolidated financial statements of Cooper-Standard Holdings Inc. (together with its consolidated subsidiaries,…
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