Curtiss-Wright completes acquisition of Dyna-Flo

1 minute read
28 February 2020
Client work

Team:

Steve McKersie, Faran Umar-Khitab, Ash Gupta, Lisa MacDonnell

On February 28, 2020, Curtiss-Wright Corporation (NYSE: CW) ("Curtiss-Wright") acquired the stock of Dyna-Flo Control Valve Services Ltd. ("Dyna-Flo") for $81 million in cash. 

Dyna-Flo, headquartered in Edmonton, Alberta, is a leading designer and manufacturer of linear and rotary control valves, isolation valves, actuators, and level and pressure control systems for the chemical, petrochemical, and oil and gas markets.

Curtiss-Wright is a global company that delivers highly engineered, critical function products and services to the commercial, industrial, defense and energy markets.

Gowling WLG was counsel to Curtiss-Wright in this acquisition with a team was led by Stephen McKersie and that included Faran Umar-Khitab and Ahad Ahmed (corporate/M&A), Ash Gupta (tax), Lisa MacDonnell (financial services), with assistance from student-at-law Adam Sherman.

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Related   Financial Institutions & Services, Mergers & Acquisitions, Corporate Commercial, Tax

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