BWXT Canada enters into share purchase agreement to acquire GE Hitachi Nuclear Energy Canada

On August 17, 2016, BWXT Canada Ltd. (“BWXT Canada”), a subsidiary of BWX Technologies, Inc. (NYSE:BWXT), entered into a share purchase agreement to acquire all of the shares of the GE Hitachi Nuclear Energy Canada Inc. (“GEH-C”) joint venture. The deal closed on December 16, 2016.

GEH-C is a leading supplier of fuel, fuel-handling systems, delivery systems and replacement components for CANDU reactors and has its headquarters in Peterborough, Ont. BWXT Canada has supplied more than 300 CANDU and Pressurized Water Reactor steam generators worldwide, as well as other critical plant components.

BWXT Canada was represented in-house by James Canafax, Senior Vice President, General Counsel and Chief Compliance Officer, as well as Ander Krupa, Assistant General Counsel, Governance and Securities, and by
Stikeman Elliott LLP with a team including John Leopold, Warren Silversmith, Jeremy Sculnick and Danial Zeppetelli (M&A), Natasha vandenHoven, Nancy Ramalho and Aiden Talai (employment, labour & pension), Jeffrey Brown and Ashley Piotrowski (regulatory), Larry Cobb (environment), Frank Mathieu and Philippe Kattan (tax), Mario Paura and Scott Brasil (real estate), Adam Drori and Jean-Guillaume Shooner (import/export), Doug Harrison (litigation) and Jonathan Auerbach (intellectual property).

General Electric Canada was represented in-house by Brian Henry, Executive Counsel, M&A and Kathryn Bogdanowicz, General Counsel, as well as by Sidley Austin LLP with a team including Christopher Barbuto and Arnie Fridhandler (M&A) and also by
Gowling WLG with a team including Ian Palm, Ahab Abdelaziz, Syll Kushner, Ian Macdonald, Paul Carenza, Mark Madras, Bettina Burgess, Daniel Hayhurst, John Illingworth, Laura Van Soelen, David Woodfield, Manuel Martins, Matthew Literovich and Cindy Kou.