-----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, NocAKpdzPwR0Ucv3fA41chezjDBiJyFo6GrrsoaYNL46TZkIhvgKihPci70PlnZa WQO6W+ldzARrY316IgKRdg== 0001171843-05-000381.txt : 20051229 0001171843-05-000381.hdr.sgml : 20051229 20051229133603 ACCESSION NUMBER: 0001171843-05-000381 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051229 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets FILED AS OF DATE: 20051229 DATE AS OF CHANGE: 20051229 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARSCO CORP CENTRAL INDEX KEY: 0000045876 STANDARD INDUSTRIAL CLASSIFICATION: FABRICATED STRUCTURAL METAL PRODUCTS [3440] IRS NUMBER: 231483991 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03970 FILM NUMBER: 051290802 BUSINESS ADDRESS: STREET 1: P O BOX 8888 CITY: CAMP HILL STATE: PA ZIP: 17001-8888 BUSINESS PHONE: 7177637064 MAIL ADDRESS: STREET 1: PO BOX 8888 CITY: CAMP HILL STATE: PA ZIP: 17001-8888 8-K 1 document.htm FORM 8-K FILING DOCUMENT Form 8-K Filing

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

December 29, 2005
(Date of earliest event reported)


Harsco Corporation
(Exact name of registrant as specified in its charter)


DE
 
1-3970
 
23-1483991
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer Identification No.)


 
350 Poplar Church Road, Camp Hill PA, 17011
 
17011
 
  (Address of principal executive offices)   (Zip Code)  

Registrant's telephone number, including area code:   717-763-7064



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
  [   ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [   ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12)
  [   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.01 Completion of Acquisition or Disposition of Assets

On December 29, 2005, Harsco Corporation (the Company) completed the acquisition of the Northern Hemisphere steel mill services operations of Brambles Industrial Services, a unit of Sydney, Australia-based Brambles Industries Limited. The Company paid GBP133 million (approximately $229 million) plus a working capital adjustment for the business.

A copy of the press release announcing the transaction is attached hereto and incorporated by reference herein as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

    Exhibit 99.1.       Press release dated December 29, 2005


SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    Harsco Corporation
(Registrant)

December 29, 2005
(Date)
  /s/   SALVATORE D. FAZZOLARI
Salvatore D. Fazzolari
Senior Vice President, Chief Financial Officer & Treasurer


  Exhibit Index
  99.1 Press release dated December 29, 2005






EX-99.1 2 newsrelease.htm PRESS RELEASE Harsco Acquires Northern Hemisphere Mill Services Operations from Brambles

EXHIBIT 99.1

Harsco Acquires Northern Hemisphere Mill Services Operations from Brambles

HARRISBURG, Pa., Dec. 29, 2005 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today it has completed the acquisition of the Northern Hemisphere steel mill services operations of Brambles Industrial Services (BIS), a unit of Sydney, Australia-based Brambles Industries Limited. The Company paid GBP133 million (approximately $229 million) plus a working capital adjustment for the business, and is proceeding with the appropriate regulatory filings. The acquisition, made on a cash free/debt free basis, is expected to be accretive to Harsco's 2006 earnings.

Operating under long-term contracts at some 19 locations in the U.K., France, Holland and the U.S., the operations add to the global breadth and scope of Harsco's Mill Services segment, expanding its provision of on-site, outsourced mill services to the steel and metals industries to approximately 180 sites in 32 countries. The operations provide a complementary range of mill services that includes metal recovery, slag processing, and material handling, and specialty operations that include the briquetting of waste materials for recycling into the steelmaking process. The operations employ approximately 1,500 people and posted fiscal year 2005 revenues of approximately $195 million.

Announcing the acquisition, Harsco Chairman, President and CEO Derek C. Hathaway said, "The addition of these high-quality operations represents an excellent strategic fit which further strengthens our partnerships with the leading producers in the global steel industry and increases our opportunities for long-term service growth.

"Coupled with our Hunnebeck Group acquisition last month, expanding our Access Services segment, we continue to execute on our strategic objectives for strengthening Harsco's global industrial services base and providing increasing value for our stockholders."

Harsco's Mill Services segment provides the world's leading steelmakers with a comprehensive range of services that support the entire steelmaking process, including integrated materials handling, semi-finished and finished product management, and metal recovery and byproduct recycling. Similar services are provided to the makers of aluminum, copper and other metals.

Harsco Corporation is a diversified, worldwide industrial services and products company with projected 2005 sales in excess of $2.7 billion. The Company's four market-leading business groups provide mill services, access services, engineered products and services, and gas containment and control technologies to customers around the globe. With the addition of the acquired operations, Harsco employs approximately 21,000 people in over 45 countries of operation. Additional information about Harsco can be found at http://www.harsco.com.

The Harsco Corporation logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=361

CONTACT:
Harsco Corporation
Media Contact
Kenneth D. Julian
(717) 730-3683
kjulian@harsco.com

Investor Contact
Eugene M. Truett
(717) 975-5677
etruett@harsco.com
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