On March 1, 2005, Novar plc sold Indal Technologies Inc. to a subsidiary of Curtiss-Wright Corp. for a purchase price of approximately $78 million. Indal Technologies is a leading producer of shipboard helicopter landing systems and airport passenger bridge systems. Novar is a diversified public UK company. Curtiss-Wright is a public US company, which provides motion control products, subsystems and services in the aerospace and defence markets.
Novar and Indal Technologies were represented by in-house counsel Robert Leckie, and assisted by Borden Ladner Gervais LLP with a team that consisted of Frank Callaghan, Matt Campbell, Karin Millar, Emma Miller and Paul Simon (corporate), Larissa Tkachenko (tax), Andrew Harrison and Sonia Mak (pensions), Adam Fanaki (competition), Gordon Zimmerman and Ziad Katul (intellectual property) and Lee Woods (real estate).
Curtiss-Wright was represented by in-house counsel Robert Shaw, and assisted by Alan Litwack and Jack Tannerya (corporate), Joan Jung (tax) and Robert Beattie (competition) of Minden Gross Grafstein & Greenstein LLP, and Ross Gascho (pensions) of Fasken Martineau DuMoulin LLP.