Stocks of Revstone Wallaceburg Canada, Inc.
Listing Information
Stocks of Revstone Wallaceburg Canada, Inc.
Minimum Price: $14,100,000.00
Created: 04/23/2014
Category: Business Property > Investments > Stocks
Sale Date: None Set
Debtor's Attorney
919 N. Market Street, 17th Floor
Wilmington, DE 19899
302 652-4100
Case Title: Revstone Industries, LLC
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket
Description
Auction Sale of the shares of RWCI owned by the Debtor, which consist of one hundred (100) shares of common stock of RWCI and which represent one-hundred percent (100%) of the issued and outstanding equity interests of RWCI.
RWCI is a subsidiary of Revstone that conducts no active business and is a holding company that owns twenty five million nine hundred fifty three thousand one twenty eight (25,953,128) shares of Aarkel (the "Aarkel Shares"). Aarkel is one of the leading manufacturers in North America of diecast tooling, plastic injection tooling and aluminum production/prototype tooling products. Aarkel designs and manufactures a wide variety of diecast, plastic injection and aluminum tooling products in a wide assortment unique to the material handling needs of its customers. Aarkel operates out of two plants with a combined 110,000 square feet of space in Wallaceburg, Ontario, Canada. This facility provides ready access to key customers throughout central Canada and the Midwest United States. Aarkel serves many of the largest automotive customers, suppliers, and platforms in the United States and Canada.