Cvd equipment corporation announces sale of its tantaline subsidiary

Central islip, n.y.--(business wire)--cvd equipment corporation (nasdaq: cvv), a leading provider of chemical vapor deposition and thermal process equipment, today announced the sale of its subsidiary, tantaline cvd aps (tantaline) located in denmark. the sales price consists principally of an earn-out provision based on any net income that tantaline may earn during the five-year period ending december 31, 2027. the company expects to record a loss on the sale of approximately $250,000 during t.
CVV Ratings Summary
CVV Quant Ranking