Attached files
file | filename |
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8-K - COMPX FORM 8-K DATED 12/28/12 - COMPX INTERNATIONAL INC | compx8k010412.htm |
EX-10.1 - SECURITIES PURCHASE AGREEMENT 12/28/2012 - COMPX INTERNATIONAL INC | exhibit101.htm |
EX-99.1 - PRO FORMA FINANCIAL INFORMATION - COMPX INTERNATIONAL INC | exhibit991.htm |
EX-10.1 - TERMINATION OF CREDIT AGREEMENT LETTER - COMPX INTERNATIONAL INC | exhibit102.htm |
Exhibit 99.2
COMPX ANNOUNCES THE COMPLETION OF THE SALE OF ITS
FURNITURE COMPONENTS OPERATIONS
DALLAS, TEXAS . . . December 28, 2012 . . . CompX International Inc. (NYSE MKT: CIX) announced today that on December 28, 2012 it completed the sale of its Furniture Components operations, conducted at its facilities in Kitchener, Ontario, Canada and Taipei, Taiwan, to Knape & Vogt Manufacturing Company for approximately $59 million in cash. Out of consolidated sales of $110.2 million for CompX for the nine month period ended September 30, 2012, Furniture Components represented $46.4 million in sales.
CompX is a leading manufacturer of security products and performance marine components.
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