TransactionsRockwood Holdings Inc. Closes Sale of AlphaGary Plastic Compounding BusinessPublished: 01/12/2011 By Jason Arbuck, Jason Bullen, Yana Ermak, Sabrina Fiorellino, David Goldstein, Laurie Jessome, John P. McGowan, Michael Platt, Sheldon Plener, David A. Redmond, Stephen I. Selznick, Ken Snider, Janice Vohrah On January 7, 2011, Rockwood Holdings Inc. closed the sale of the AlphaGary plastic compounding business to Mexichem S.A.B.de C.V. for $300 million in cash. AlphaGary, which comprised substantially all of Rockwood's Specialty Compounds segment, had $224.6 in net sales and $33.5 million in Adjusted EBITDA for the twelve months ended September 30, 2010. Cassels Brock acted for Rockwood in Canada with a team that included Ken Snider (Tax), Janice Vohrah (Tax), Michael Platt (Tax), Sheldon Plener (Buisness Law and M&A), Jake Bullen (Business Law and M&A), Stephen Selznick (Intellectual Property), David Redmond (Real Estate), David Goldstein (Real Estate), John McGowan (Employment), Laurie Jessome (Employment), Jason Arbuck (Financial Services), Yana Ermak (Competition) and Sabrina Fiorellino (Business Law and M&A). |