Wescast Industries Acquires Georgia Ductile Foundries

Brantford, Ontario-based Wescast Industries Inc. acquired Georgia Ductile Foundries, LLC on September 12, 2002. The total purchase price for the acquisition, including the assumption of debt, was approximately US$70 million. The assumption of debt included Wescast’s guarantee of floating-rate industrial revenue bonds involving an industrial development authority of a Georgia county.
Wescast was represented in Canada by Blake, Cassels & Graydon LLP, with a team that included John Tuzyk, Chris Javornik and Jonathan Piurko (corporate and securities), Paul Tamaki (tax) and Neil Herle (financial services). Powell, Goldstein, Frazer & Murphy LLP in Atlanta acted as U.S. counsel to Wescast, with a team that included Tom McNeill and Lou Spelios (corporate) and Rob Lewinson (financial services). Georgia Ductile was represented by King & Spalding in Atlanta, with a team that included Paul Quiros, Lynn Scott, Lisa Read and Bacardi Jackson (corporate) and Woodrow Vaughan (financial transactions).


Paul K. Tamaki Jonathan P. Piurko Louis C. Spelios Chris Javornik Woodrow W. Vaughan, III Lynn S. Scott Robert Lewinson John M. Tuzyk Thomas R. McNeill Neil C. Herle Paul A. Quiros