ASSET PURCHASE AGREEMENT BY AND AMONG INSTEEL WIRE PRODUCTS COMPANY ENGINEERED WIRE PRODUCTS, INC. LIBERTY STEEL GEORGETOWN INC. KEYSTONE CONSOLIDATED INDUSTRIES, INC. AND LIBERTY STEEL HOLDINGS USA INC. October 21, 2024Asset Purchase Agreement • October 21st, 2024 • Insteel Industries Inc • Steel works, blast furnaces & rolling & finishing mills • Delaware
THIS ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of October 21, 2024, is entered into by and among Insteel Wire Products Company, a North Carolina corporation (“Purchaser”); Engineered Wire Products, Inc., an Ohio corporation (“Seller”); Keystone Consolidated Industries, Inc., a Delaware corporation (“Keystone”); Liberty Steel Holdings USA Inc., a Delaware corporation (“Liberty”) (each of Keystone and Liberty are referred to individually herein as “Guarantor” and collectively, as “Guarantors”); and solely as it relates to the sale of the Liberty Georgetown Assets, Liberty Steel Georgetown Inc., a Delaware corporation (“Liberty Georgetown”). Capitalized terms not otherwise defined shall have the meaning ascribed to such terms in Annex I.
