Page ContentMauser-Werke acquires Russell-StanleyDate Closed: 11/10/2005Value: US$96 million On November 10, 2005, an affiliate of Mauser-Werke GmbH&Co. KG and One Equity Partners completed the acquisition of substantially all of the assets of Russell-Stanley Holdings, Inc. and certain of its subsidiaries for a purchase price of approximately US$96 million, subject to certain post-closing adjustments. Russell-Stanley is North America’s largest plastic drum manufacturer, North America’s second largest steel drum manufacturer, and a leading industrial container supply chain management company, with two production facilities in Ontario and eight others elsewhere in North America. Mauser-Werke is a global leader in industrial packaging, with its headquarters in Bruehl, Germany. The sale was carried out in Canada by way of proceedings under section 18.6 of the Companies’ Creditors Arrangement Act and in the US by way of a pre-packaged plan of reorganization under Chapter 11 of the US Bankruptcy Code. In Canada, PricewaterhouseCoopers Inc. acted as information officer and interim receiver in connection with the sale. Craig Hill and Roger Jaipargas of BLG acted for PricewaterhouseCoopers.