Finance / United States
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Castle Harlan Sells Off AmeriCast
July 2008 | M&A News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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New York private equity firm Castle Harlan announced on July 28 that it has agreed to sell service-steel and machining company AmeriCast Technologies, in a deal worth around US$288mn. AmeriCast, a leading North American designer and manufacturer of large, complex steel casings for the mining and railroad industry, will be sold to combined foundry and heavy engineering group Bradken Ltd. AmeriCast has manufacturing facilities in Kansas, Missouri, Washington, Louisiana and Ontario, as well as a trading office in Xuzhou, China. The company designs and manufactures large, highly engineered castings, components and assemblies for major companies in the mining, railroad, energy