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Majority stake Closed Jun 2007

Luvata acquires 55% majority stake in AST ElectroFin

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Relationship map for Luvata acquires 55% majority stake in AST ElectroFinparent ofLuvata: Operating CompanyLULuvataAST ElectroFin Inc.: Operating CompanyAEAST ElectroFin Inc.
Operating Company

Parties

Acquirer
Luvata
Operating Company
Target
AST ElectroFin Inc.
Operating Company

Summary

Luvata (formerly Outokumpu Copper Products) acquired a 55% majority ownership of AST ElectroFin Inc., a Louisville-based electrocoater serving the HVACR heat-exchanger market. The acquired company will be renamed Luvata ElectroFin and operate as a stand-alone business.

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