Wellspring Buys JW Aluminum (Again)

Wellspring Capital Management has agreed to reacquire JW Aluminum Holding Co. from Superior Plus Income Fund. The deal is valued at $310 million, and is expected to close next month. JW Aluminum is a manufacturer of flat-rolled aluminum products, and had been first acquired by Wellspring from Walter Industries in December 2003 for $125 million. Wellspring then sold the company last year for approximately $350 million. www.wellspringcapital.com www.jwaluminum.com