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Dofasco acquires Copperweld businesses for US$178 million

Fasken
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Dofasco Inc.

On October 3, 2005, Dofasco Inc. successfully completed the US$177.8 million acquisition of the automotive and mechanical tubular products divisions and head office operations of Copperweld Holding Company and 50 per cent of Copperweld's bimetallic wire business through a transaction with Atlas Tube Inc. of Harrow, Ontario.

Dofasco purchased the assets related to Copperweld's mechanical tubing and automotive components businesses, including facilities located in Ontario, Ohio and Kentucky, from Atlas immediately following the acquisition of Copperweld Holding Company by Atlas.

Dofasco was represented by Thomas Ferns, senior counsel, and by Fasken Martineau with a team led by Walter Palmer that included Scott Conover, Sean Stevens and Mark Camilleri (corporate), Anthony Baldanza and Huy Do (competition), Dan Law and Alysha Valenti (real estate), Lisa Abe (IT), Armand Benitah and Andrea Kokonis (IP), Ralph Nero (labour and employment), Richard Johnston and Ross Gascho (pensions and benefits) and Rosalind Cooper (environmental).

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