DLJ To Buy RathGibson from Castle Harlan

DLJ Merchant Banking Partners has agreed to acquire RathGibson from Castle Harlan for $440 million. RathGibson is a Janesville, Wis.-based manufacturer of highly engineered premium stainless steel and alloy welded tubing products. It was acquired by Castle Harlan in February 2006 for approximately $260 million, and last August acquired tubing manufacturer Greenville Tube Co. for $37 million. www.rathgibson.com