Castings Acquisition Corp., an affiliate of The Carlyle Group, announces acquisition of Tritech Precision Inc.

Stikeman Elliott is acting as Canadian counsel to Castings Acquisition Corp., an affiliate company of The Carlyle Group, a major private investment fund based in Washington, D.C., in its proposed acquisition (by way of plan of arrangement), of all of the outstanding common shares of Tritech Precision Inc. and all of the outstanding Class A common shares of Trimin Enterprises Inc. The transaction was announced January 6 and has a closing scheduled for March. The transaction has an approximate value of $285 million. Tritech and Trimin are both listed on The Toronto Stock Exchange. Tritech and Trimin are both represented by Fraser Milner. The Stikeman Elliott team is composed of Ken Ottenbreit, Louis Samson, and Mark Johnson (corporate); John Lorito, Dean Kraus (tax); Paul Collins, Jason Gudofsky (competition/regulatory); Larry J. Cobb (environmental); Daphne MacKenzie (financing); Lorna Cuthbert (employment); and Patrick J. O’Kelly and Elizabeth Pillon (litigation). The Fraser Milner team is composed of Jeffrey Barnes (corporate), Will Fung (corporate), Brian Carr (tax), Tracey Patel (competition) and Roberta Carano (corporate).