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AZZ to buy Canadian supplier of electrical equipment

Fort Worth, Texas-based electrical equipment maker AZZ Inc announced the signing of an asset purchase agreement with Blenkhorn and Sawle Limited, a privately held company headquartered in St. Catharines, Ontario, Canada, to acquire substantially all of its assets. The acquisition is effective July 1, 2008. The purchase price is approximately $14 million in cash plus assumption of certain current liabilities. Blenkhorn and Sawle has been a premier supplier of electrical equipment since 1948.



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