Curtiss-Wright Subsidiary acquires Indal Technologies  

Date Closed: 3/01/2005

Value: C$78 million

On March 1, 2005, Novar plc sold Indal Technologies Inc. to a subsidiary of Curtiss-Wright Corp. for a purchase price of approximately $78 million. Indal Technologies is a leading producer of shipboard helicopter landing systems and airport passenger bridge systems. Novar is a diversified public UK company. Curtiss-Wright is a public US company, which provides motion control products, subsystems and services in the aerospace and defence markets.

Novar and Indal Technologies were represented by in-house counsel Robert Leckie, and assisted by BLG with a team that consisted of Frank Callaghan, Matt Campbell, Karin Millar, Emma Miller and Paul Simon (corporate), Larissa Tkachenko (tax), Andrew Harrison and Sonia Mak (pensions), Adam Fanaki (competition), Gordon Zimmerman and Ziad Katul (intellectual property) and Lee Woods (real estate).