COMMERCE CITY, COLORADO -- Seale & Associates, Inc. announced that it acted
as exclusive financial advisor to the shareholders of Grif-Fab Corporation
("Grif-Fab") on the sale of the business to Ferguson Fire & Fabrication,
Inc. (“Ferguson Fire”), a division of Ferguson Enterprises, Inc.
(“Ferguson”), a wholly-owned subsidiary of Wolseley plc (NYSE:WOS). Specific
terms of the transaction were not disclosed.
Grif-Fab, founded in 1973, is a leading fabricator and wholesale distributor
of fire sprinkler pipe and related products. The business primarily serves
fire-sprinkler installation markets in the Western and Midwestern United
States through locations in Commerce City, Colorado; Kingman, Arizona; and
Albuquerque, New Mexico.
Ferguson is the largest distributor of plumbing supplies and pipes, valves,
and fittings in the United States and the third largest distributor of
heating and cooling equipment. Ferguson operates through more than 1,300
service centers located throughout the 50 states, the District of Columbia,
Puerto Rico, the Caribbean and Mexico. Sales for the year ended July 31,
2006, were $9.65 billion. Wolseley plc is the world's number one distributor
of heating and plumbing products to the professional market, and a leading
supplier of building materials and services. Wolseley has over £14 billion
in sales and approximately 78,000 employees serving customers through over
5,000 branches in 28 countries around the world.
Seale & Associates, headquartered in the Washington, D.C. metropolitan area,
is a leading global advisory firm with extensive experience in
mergers, divestitures, acquisitions, joint ventures, alliances, and a broad
range of corporate finance advisory services. For more information please
visit www.sealeassociates.com
WASHINGTON, D.C. -- Seale & Associates, Inc. announced that it acted as exclusive financial advisor to WGL Holdings, Inc. (NYSE: WGL), the parent company of Washington Gas, on the divestiture of American Combustion Industries, Inc. (“ACI”) to Milestone Capital Management, LLC. Specific terms of the transaction were not disclosed.
ACI is a full-service mechanical contractor serving industrial, commercial, and institutional customers in Washington D.C., Maryland and Virginia. ACI provides a wide variety of building services to its clients including facility assessment, mechanical, electrical, plumbing and maintenance services.
WGL Holdings, Inc., through its subsidiaries, sells and delivers natural gas and provides a variety of energy-related products and services to customers primarily in the Washington, D.C. metropolitan area. WGL Holdings has three operating segments: regulated utility, retail energy-marketing and commercial heating, ventilating and air conditioning products and services. WGL Holdings' core subsidiary, Washington Gas, is engaged in the delivery and sale of natural gas that is predominantly regulated by state regulatory commissions. Through wholly owned subsidiaries of Washington Gas Resources, it offers energy-related products and services that are closely related to its core business.
Seale & Associates, headquartered in the Washington, D.C. metropolitan area,
is a leading global advisory firm with extensive experience in
mergers, divestitures, acquisitions, joint ventures, alliances, and a broad
range of corporate finance advisory services. For more information please
visit www.sealeassociates.com
SALTILLO, MEXICO -- Seale & Associates, Inc. announced that it acted as exclusive financial advisor to Grupo Industrial Saltillo (“GIS”) on the divestiture of its Sanitaryware Business to Villeroy & Boch AG, headquartered in Mettlach, Germany.
GIS’s Sanitaryware Business is a leader in the design, manufacture, sale, and distribution of ceramic sanitaryware products for luxury, intermediate, and builder-grade market segments in the United States and Mexico. Sanitaryware products manufactured and/or sold include toilets (water closets), bathroom sinks (lavatories), bathtubs, bidets, and coordinating accessories such as faucets, mirror frames, soap dishes, and wastebaskets. The Business operates production facilities in the Mexican cities of Saltillo, Ramos Arizpe, and Lerma. The Sanitaryware Business sells its products under well-established brands, including St. Thomas Creations, Eclipse, Marathon, and Vitromex.
Grupo Industrial Saltillo, S.A. de C.V. (BMV: GISSA; OTC: GISQY) is one of Mexico's leading industrial companies operating in the automotive, building products and housewares industries. Annual revenues for fiscal year 2005 were approximately US$880 million. The Automotive Business includes the world's largest non-captive cast iron foundry, an aluminum foundry, and production of small ductile iron casting auto parts. The Building Products Business produces ceramic tiles and water heaters. The Housewares Business produces kitchenware and tableware.
Villeroy & Boch AG is a leading European ceramic home living, building, and lifestyle products company with more than US$1 billion in sales and operating in 125 countries around the world. The Group is divided into three divisions: Bathroom and Wellness, Tiles, and Tableware. Production is carried out at 19 locations in 12 European countries and the Group has over 9,000 employees.
Seale & Associates, headquartered in the Washington, D.C. metropolitan area,
is a leading global advisory firm with extensive experience in
mergers, divestitures, acquisitions, joint ventures, alliances, and a broad
range of corporate finance advisory services. For more information please
visit www.sealeassociates.com
CHANDLER, AZ -- Seale & Associates,
Inc. announced that it acted as exclusive financial
advisor to Amkor Technology, Inc. (NASDAQ: AMKR) on
the divestiture of its Amkor Test Services business
unit ("ATS") to Integra Technologies, L.L.C. Specific
terms of the transaction were not disclosed.
ATS, based in Wichita, Kansas, provides semiconductor test services for military, avionics, and commercial grade applications. ATS also operates a small ESD testing facility in Santa Clara, California.
Amkor Technology is a leading subcontractor of semiconductor assembly and test services with annual revenues of $1.9 billion and more than 22,000 employees worldwide. The company offers semiconductor companies and electronics OEMs a complete set of microelectronic design and manufacturing and support services with production capabilities in China, Japan, Korea, the Philippines, Singapore, Taiwan, and the United States. The semiconductors that Amkor packages and tests for its customers become components in electronic systems used in communications, computing, consumer, industrial, and automotive applications.
Seale & Associates, headquartered in the Washington, D.C. metropolitan area,
is a leading global advisory firm with extensive experience in
mergers, divestitures, acquisitions, joint ventures, alliances, and a broad
range of corporate finance advisory services. For more information please
visit www.sealeassociates.com
OMAHA, NEBRASKA --
Seale & Associates, Inc. announced that it acted as
financial advisor to the shareholders of Continental
Fire Sprinkler Company ("Continental Fire") and Continental
Alarm & Detection Company ("CADCO") on the sale of
the businesses to Peter Kiewit Sons', Inc. ("Kiewit").
Specific terms of the transaction were not disclosed.
Continental Fire, founded in 1971, is a respected
turnkey fire sprinkler contractor in the central
United States. The Company designs, fabricates, installs,
maintains, and inspects a wide variety of wet, dry,
and special hazard fire sprinkler protection systems
for all types of occupancies and hazard groups. CADCO,
founded in 1995, offers complete design, installation,
maintenance, inspection, and monitoring services
for a variety of fire alarm protection and security
systems. Both companies are headquartered in Omaha,
Nebraska.
Kiewit is one of the most respected firms in the construction industry. Kiewit is the nation's seventh-largest construction firm, according to Engineering News-Record, with 2004 revenues of more than US$3.2 billion. Kiewit has virtually unlimited bonding capacity and is one of the few construction firms able to compete for billion-dollar mega-projects. With a core staff of more than 4,600 salaried and hourly employees, and more than 10,000 craft workers, Kiewit has experienced personnel available to handle any size job. Headquartered in Omaha, Nebraska, Kiewit is one of the largest employee-owned firms in the nation and is noted for its broad-based ownership.
Seale & Associates, headquartered in the Washington, D.C. metropolitan area,
is a leading global advisory firm with extensive experience in
mergers, divestitures, acquisitions, joint ventures, alliances, and a broad
range of corporate finance advisory services. For more information please
visit www.sealeassociates.com
SALTILLO, MEXICO -- Seale & Associates, Inc. announced that it acted as exclusive financial advisor to Grupo Industrial Saltillo on the divestiture of Ditemsa Moldes de Plastico S.A. de C.V., its plastic injection mold toolmaking business, to NPL-Ditemsa, S.A. de C.V., a business unit of ARRK Corporation, headquartered in Osaka, Japan. Specific terms of the transaction were not disclosed.
Ditemsa Moldes de Plastico, S.A. de C.V., located in Saltillo, Mexico, designs, manufactures, and markets high precision plastic injection molds primarily for customers serving the automotive, appliance, and packaging industries
Grupo Industrial Saltillo, S.A. de C.V. (BMV: GISSA; OTC: GISQY) is one of Mexico's leading industrial companies operating in the automotive, building products and housewares industries. Combined annual revenues for fiscal year 2003 were approximately US$650 million. The Automotive Business includes the world's largest non-captive cast iron foundry, an aluminum foundry and production of small ductile iron casting auto parts. The Building Products Business produces ceramic tiles, water heaters and bathroom fixtures. The Housewares Business produces kitchenware and tableware.
ARRK Corporation of Japan is the world's largest toolmaker and prototype producer with over 75 companies in the Group and over 10,000 employees working in production facilities located in North America, Mexico, Europe and the Asia-Pacific region.
Seale & Associates, headquartered in the Washington, D.C. metropolitan area,
is a leading global advisory firm with extensive experience in
mergers, divestitures, acquisitions, joint ventures, alliances, and a broad
range of corporate finance advisory services. For more information please
visit www.sealeassociates.com
BETHESDA, MARYLAND -- Seale & Associates,
Inc. announced that it acted as exclusive financial
advisor to Lockheed Martin Corporation (NYSE: LMT)
on the divestiture of its commercial flight training
business to Alteon Training L.L.C. (Alteon), a Boeing
Company. Specific terms of the transactions were not
disclosed.
The Lockheed Martin Commercial Flight Training Center,
headquartered in Orlando, Florida, provided commercial
aviation companies full-motion, high fidelity, platform-based
simulation for the Boeing 737-NG, Boeing 737-300,
and Airbus A320-200.
Lockheed Martin Corporation, headquartered in Bethesda,
MD, employs approximately 130,000 people worldwide
and is principally engaged in the research, design,
development, manufacture and integration of advanced
technology systems, products and services. The Lockheed
Martin Corporation reported sales of $31.8 billion
in 2003.
Alteon is a wholly owned subsidiary of The Boeing
Company within Boeing Commercial Airplanes’ Commercial
Aviation Services group. Alteon’s training
organization supports the world’s aviation
community with more than 70 full flight simulators
and other state of the art training devices in 20
locations around the world.
Seale & Associates, headquartered in the Washington, D.C. metropolitan area,
is a leading global advisory firm with extensive experience in
mergers, divestitures, acquisitions, joint ventures, alliances, and a broad
range of corporate finance advisory services. For more information please
visit www.sealeassociates.com
SALEM, NH -- Seale
& Associates, Inc. announced that it advised Standex
International Corporation (NYSE:SXI) on the sale of
its James Burn International mechanical binding systems
and punching and binding equipment businesses to Code
Flower, Inc. in an all cash transaction. Specific terms
of the transaction were not disclosed.
Standex is a multi-industry manufacturer in five broad business segments: Food Service Equipment, Consumer Goods, Air Distribution Products, Standex Engraving and Engineered Products with operations in the United States, Europe, Canada, Australia, Singapore, Mexico, Brazil and China.
Seale & Associates, headquartered in the Washington, D.C. metropolitan area,
is a leading global advisory firm with extensive experience in
mergers, divestitures, acquisitions, joint ventures, alliances, and a broad
range of corporate finance advisory services. For more information please
visit www.sealeassociates.com
MONTERREY, MEXICO -- Seale
& Associates, Inc. announced that it acted as the exclusive
financial advisor to the owners of Grupo Chen on its
merger with Sigma Alimentos, S.A. de C.V., a subsidiary
of ALFA S.A. de C.V. Terms of the transaction were not
disclosed.
Grupo Chen has been dedicated to the production of dairy products, including cheese, yogurt, butter and dairy cream, for more than forty years. The company markets its products under the brands Chen, Normex, Norteno, Nortenita, and Camelia, among others. In 2003, Chen had sales in excess of US$125 million.
Sigma Alimentos is one of the leading Mexican companies in refrigerated foods with more than US$1 billion in sales and almost 16,000 employees. The merger between Sigma and Chen will create one of the most important dairy product companies in the Mexican market.
Seale & Associates, headquartered in the Washington, D.C. metropolitan area,
is a leading global advisory firm with extensive experience in
mergers, divestitures, acquisitions, joint ventures, alliances, and a broad
range of corporate finance advisory services. For more information please
visit www.sealeassociates.com
Seale
Advises Celanese on the Sale of its AT Plastics’ Films
Business
EDMONTON, ALBERTA, CANADA --- Seale & Associates,
Inc. announced that it acted as exclusive financial
advisor to Celanese Corporation (NYSE: CE), a global
hybrid chemical company, on the sale of the AT Films
business of its AT Plastics subsidiary to British
Polythene Industries PLC (LSE: BPI). AT Films manufactures
polythene film products for the agricultural, horticultural
and construction industries. Specific terms of the
transaction were not disclosed.
Celanese Corporation, based in Dallas, Texas, is
a global leader in the chemicals industry known for
operational excellence and execution of its business
strategies. Celanese products, found in consumer
and industrial applications, are manufactured in
North America, Europe and Asia. Net sales totaled
US$6.7 billion in 2006, with approximately 60% generated
outside of North America. The company employs approximately
8,900 employees worldwide.
BPI is the largest manufacturer of polythene film,
bags and sacks in Europe with manufacturing capacity
in excess of 350,000 tonnes annually. BPI is also
the largest recycler of polythene waste in Europe
and operates in all private and public sector markets,
supplying a wide range of packaging films and bags
on a global scale.
Seale & Associates, headquartered in the Washington, D.C. metropolitan area,
is a leading global advisory firm with extensive experience in
mergers, divestitures, acquisitions, joint ventures, alliances, and a broad
range of corporate finance advisory services. For more information please
visit www.sealeassociates.com
Seale Advises Celanese on Sale of its Pampa Facility
for Commercial Power Development
DALLAS, TEXAS -- Seale & Associates, Inc. announced
that it acted as exclusive financial advisor to Celanese
Corporation (NYSE: CE), a global hybrid chemical
company, on the sale of its Pampa, Texas, facility
to Babcock & Brown (ASX: BNB) for commercial
power development. Babcock & Brown will convert
the world-class infrastructure at the Celanese facility
into a new Pampa Energy Center with up to 800 megawatts
of coal-based electric generation, and potentially
including IGCC (Integrated Gasification Combined
Cycle) electric generation as well as renewable energy.
Specific terms of the transaction were not disclosed.
Celanese Corporation, based in Dallas, Texas, is
a global leader in the chemicals industry known for
operational excellence and execution of its business
strategies. Celanese products, found in consumer
and industrial applications, are manufactured in
North America, Europe and Asia. Net sales totaled
US$6.7 billion in 2006, with approximately 60% generated
outside of North America. The company employs approximately
8,900 employees worldwide.
Babcock & Brown is an international investment
and advisory firm with more than US$44 billion of
total funds and assets under management as of December
31, 2006. Babcock & Brown has five operating
divisions including real estate, infrastructure and
project finance, operating leasing, structured finance
and corporate finance. Babcock & Brown's Infrastructure
Division operates across a diversified range of assets
including renewable fuels, renewable power, conventional
power, transportation, energy distribution and transmission,
and Public Private Partnerships.
Seale & Associates, headquartered in the Washington, D.C. metropolitan area,
is a leading global advisory firm with extensive experience in
mergers, divestitures, acquisitions, joint ventures, alliances, and a broad
range of corporate finance advisory services. For more information please
visit www.sealeassociates.com
Seale advises on sale of James Burn International
L'AIGLE, FRANCE / POUGHKEEPSIE, NEW YORK -- Seale & Associates,
Inc. announced that it acted as exclusive financial
advisor to KPAC Solutions (“KPAC”) on
the sale of its portfolio company James Burn International
(“JBI”). The United States operations
of JBI have been purchased by Spiral Binding Corp,
based in Totowa, New Jersey. The international operations
and select machinery and intellectual property of
the U.S. operation have been purchased by JBI Holding
SAS. Specific terms of the transaction were not disclosed.
JBI designs, manufactures, and distributes solution-oriented
document finishing equipment and consumable finishing
supplies to trade bindery, print-on-demand, and small
business markets. The company provides a comprehensive
range of automatic, semi-automatic and manual punching
and wire-binding equipment, which incorporates the
latest advanced technologies for environments where
flexibility and productivity are essential. JBI’s
products are sold globally through direct sales channels,
distributors, dealers, and the Internet.
KPAC is a private investment company focused on
the acquisition and turn-around of distressed and
underperforming manufacturing and industrial businesses.
KPAC is a global private investment company headquartered
in Nashville, Tennessee with offices in Los Angeles,
California; Richmond, Virginia; and Paris, France.
KPAC has purchased and restructured numerous businesses
in the United States, Europe, South America and Asia,
which were primarily acquired from Fortune 1000 companies.
Seale & Associates, headquartered in the Washington, D.C. metropolitan area,
is a leading global advisory firm with extensive experience in
mergers, divestitures, acquisitions, joint ventures, alliances, and a broad
range of corporate finance advisory services. For more information please
visit www.sealeassociates.com
