On December 6, 2000, Celestica Inc. (Celestica) announced that it had entered into a strategic alliance with Motorola, Inc. (Motorola), the world’s No. 2 cell phone manufacturer. Under the agreement, Toronto electronics manufacturer Celestica agreed to acquire Motorola’s manufacturing operations in Dublin, Ireland and Mount Pleasant, Iowa for approximately US$70 million. As part of the alliance, Celestica and Motorola entered into a supply agreement with an estimated value of more than US$1 billion over three years under which Celestica will provide electronics manufacturing services for a variety of Motorola wireless telecommunications products, including mobile phones and two-way radios.
Celestica was represented in the transaction by an acquisition team from Davies Ward Phillips & Vineberg LLP comprised of I. Berl Nadler, Timothy Moran, Sarb Basra (corporate), Richard Corley (information technology) and Sarah Powell (environmental). Celestica was also represented by its in-house counsel, Todd Melendy (relationship and supply agreements), Renee O’Rourke (employee benefits) of Holme Roberts & Owen LLP in Denver, and by a team of lawyers led by John Olden at A&L Goodbody in Dublin. Motorola was represented by in-house counsel, Michelle Warner (M&A), Kevin Weller (relationship and supply agreements) and John Cerretani (labour) and by external counsel, John Tamisiea of McDermott, Will & Emery of Chicago (M&A).