<PAGE> 1
Page 1 of 8 pages.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
(Amendment No. 1)
Under the Securities Exchange Act of 1934
Cedar Group, Inc.
-----------------
(Name of Issuer)
Common Stock, $.001 par value per share
---------------------------------------
(Title of Class of Securities)
15033210
--------------
(CUSIP Number)
B. Bernard Burns, Jr., Esq.
UNITED DOMINION INDUSTRIES LIMITED
2300 One First Union Center
Charlotte, North Carolina 28202-6039
(704) 347-6800
---------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
with copy to:
Stephen M. Lynch, Esq.
Robinson, Bradshaw & Hinson, P.A.
1900 Independence Center
Charlotte, North Carolina 28246
(704) 377-2536
-------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with the statement [ ]. (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
This Amendment contains 8 pages.
The exhibit index is on page 8.
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SCHEDULE 13D
<TABLE>
<S> <C> <C>
CUSIP NO. 15033210 PAGE 2 OF 8 PAGES
- ----------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
United Dominion Industries Limited
- ----------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)
- ----------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- ----------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(3)
- ----------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
- ----------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
1,380,831
- ----------------------------------------------------------------------------------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF
SHARES
BENEFICIALLY -0-
OWNED BY ----------------------------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON
WITH 1,380,831
----------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- ----------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,380,831
- ----------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- ----------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.2%
- ----------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- ----------------------------------------------------------------------------------------------------------------------------
</TABLE>
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Page 3 of 8 pages.
PRELIMINARY STATEMENT
This Amendment No. 1 (this "Amendment") amends the Statement on
Schedule 13D (the "Initial Statement") filed by United Dominion Industries
Limited (the "Reporting Person") with the Securities and Exchange Commission on
August 12, 1994 with respect to the shares of Common Stock, $.001 par value per
share (the "Common Stock"), of Cedar Group, Inc. (the "Issuer"). Capitalized
terms used herein and not otherwise defined have the meanings given to them in
the Initial Statement.
Item 2. Identity and Background.
Item 2 of the Initial Statement is restated as follows:
This Statement is filed by United Dominion Industries Limited (the
"Reporting Person"). The Reporting Person is a corporation organized under the
laws of Canada that manufactures proprietary, engineered products for customers
worldwide. The Reporting Person's principal executive office is 2300 One First
Union Center, Charlotte, North Carolina 28202-6039.
The following table sets forth the name, business or residence address,
principal occupation or employment, and the name, principal business and
address of any corporation or other organization in which such employment is
conducted or was conducted, of each director and executive officer of the
Reporting Person. Except for Messrs. Crossgrove, Grant, McDonald, Scott,
Stinson, Allan Taylor and George Taylor, who are citizens of Canada, each of
the Reporting Person's directors and executive officers is a citizen of the
United States. The business address of each executive officer of the Reporting
Person is 2300 One First Union Center, Charlotte, North Carolina 28202.
Directors are indicated by an asterisk.
<TABLE>
<CAPTION>
Principal Occupation or Em-
ployment, Name, Principal
Business and Address of Principal
Name Business (b) or Residence (r) Address Office of Employer
- ---- ------------------------------------- ----------------------------------
<S> <C> <C>
James E. Courtney* (b) 12800 University Drive President, The Mariner Group,
Suite 350 Inc., a real estate management
Fort Myers, Florida 33907 and development company, 12800
University Drive, Suite 350, Fort
Myers, Florida 33907.
Peter A. Crossgrove* (b) 141 Adelaide Street West Chairman and CEO, South Africa
Suite 1703 Minerals Corporation, a mining
Toronto, Ontario M5H 3L5 and exploration company, 141
Canada Adelaide Street West, Suite 1703,
Toronto, Ontario M5H 3L5,
Canada.
</TABLE>
<PAGE> 4
Page 4 of 8 pages.
<TABLE>
<CAPTION>
Principal Occupation or Em-
ployment, Name, Principal
Business and Address of Principal
Name Business (b) or Residence (r) Address Office of Employer
- ---- ------------------------------------- ----------------------------------
<S> <C> <C>
R. Stuart Dickson* (b) 2000 Two First Union Center Chairman of the Executive
Charlotte, North Carolina Committee, Ruddick Corporation,
28282 an industrial thread, regional
supermarket, business forms and
venture capital holding company,
2000 Two First Union Center,
Charlotte, NC 28282.
James A. Grant* (b) Commerce Court West Partner of Stikeman, Elliot, a
Suite 5300 law firm, Commerce Court West,
Toronto, Ontario M5L 1B9 Suite 5300, Toronto, Ontario M5L
Canada 1B9, Canada.
William R. Holland* Chairman and Chief Executive
Officer of the Reporting Person.
Russell C. King, Jr.* (r) P.O. Box 1085 Retired.
Hartsville, South Carolina
29550
H. John McDonald* (b) Suite 2800, 2 Bloor St. East Chairman, Black & McDonald
Toronto, Ontario M4W 1A8 Limited, an international
Canada mechanical and electrical
contracting company, Suite 2800,
2 Bloor St. East, Toronto,
Ontario M4W 1A8, Canada.
Dalton D. Ruffin* (r) 2871 Galsworthy Dr. Retired.
Winston-Salem, North Carolina
27106
I. Barry Scott* (r) 96 Churchill Road Retired.
Baie d'Urfe, Quebec H9X 2Y3
William W. Stinson* (b) Suite 800, Place du Canada Chairman of Canadian Pacific
P.O. Box 6042 Limited, a transportation,
Station Centre-ville energy, real estate and hotel
Montreal, Quebec H3C 3E4 company, Suite 800, Place du
Canada Canada, P.O. Box 6042, Station
Centre-ville, Montreal, Quebec
H3C 3E4, Canada.
Allan A. Taylor, O.C.* (r) 18 Misty Crescent Retired.
Don Mills, Ontario M3B 1T3
Canada
</TABLE>
<PAGE> 5
Page 5 of 8 pages.
<TABLE>
<CAPTION>
Principal Occupation or Em-
ployment, Name, Principal
Business and Address of Principal
Name Business (b) or Residence (r) Address Office of Employer
- ---- ------------------------------------- ----------------------------------
<S> <C> <C>
George S. Taylor* (b) Labatt House President and Chief Executive
BCE Place, P.O. Box 811 Officer, John Labatt Limited, a
Suite 200-181 Bay St. brewing company.
Toronto, Ontario M5J 2T3
Canada
Jan K. Ver Hagen* President and Chief Operating
Officer of the Reporting Person.
Robert E. Drury Chief Administrative Officer and
Executive Vice President of the
Reporting Person.
Frank J. Stevenson Executive Vice President of the
Reporting Person.
B. Bernard Burns, Jr. Senior Vice President, General
Counsel and Secretary of the
Reporting Person.
Glenn A. Eisenberg Chief Financial Officer and
Senior Vice President of the
Reporting Person.
John A. Dotson Vice President of the Reporting
Person.
William Dries Vice President of the Reporting
Person.
Robert L. Shaffer Vice President of Communications
of the Reporting Person.
Thomas J. Snyder Vice President of the Reporting
Person.
Timothy J. Verhagen Vice President of the Reporting
Person.
</TABLE>
During the last five years, none of the Reporting Person or, to the
Reporting Person's knowledge, the above-listed individuals has been convicted
in a criminal proceeding (excluding traffic violations or similar
misdemeanors), and none of the above-listed individuals has been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
as a result of which any of them was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any
violation with respect to such laws.
<PAGE> 6
Page 6 of 8 pages.
Item 5. Interest in Securities of the Issuer.
(a) and (b) As of the date of this Amendment, pursuant to the
terms of the Shareholders' Agreement (and assuming that the Market Value of the
Common Stock exceeds $6.00 (Canadian)), the Reporting Person may be deemed to
beneficially own 1,380,831 shares of Common Stock, or approximately 11.2
percent of the outstanding shares based on 14,534,625 shares outstanding as
reported in the Issuer's quarterly report on Form 10-Q for the period ended
June 30, 1995. The Reporting Person has sole power to vote or dispose of any
shares of Common Stock it may acquire pursuant to the Shareholders' Agreement.
The Reporting Person is not aware that any other person named in Item 2
of this Statement beneficially owns any shares of Common Stock.
(c) On November 3, 1994, the Reporting Person sold 1,500,000
Subsidiary Shares, on December 1, 1994 the Reporting Person sold 1,500,000
Subsidiary Shares, on December 21, 1994 the Reporting Person sold 704,000
Subsidiary Shares, on December 30, 1994 the Reporting Person sold 1,500,000
Subsidiary Shares, and on January 19, 1995, the Reporting Person sold 96,000
Subsidiary Shares. The Reporting Person sold such Subsidiary Shares to the
Subsidiary at a price of $1 (Canadian) per Subsidiary Share.
(d) Not applicable.
(e) Not applicable.
<PAGE> 7
Page 7 of 8 pages.
Signatures.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Statement is true, complete and
correct.
Dated: August 31, 1995
UNITED DOMINION INDUSTRIES LIMITED
By: /s/ B. Bernard Burns, Jr.
--------------------------------------------
B. Bernard Burns, Jr., Senior Vice President
By: /s/ Richard L. Magee
--------------------------------------------
Richard L. Magee, Assistant Secretary
<PAGE> 8
Page 8 of 8 pages.
EXHIBIT INDEX
<TABLE>
<CAPTION>
SEQUENTIALLY
EXHIBIT TITLE NUMBERED PAGE
- ------- ----- -------------
<S> <C>
1* Shareholders' Agreement dated
March 31, 1994 among United Dominion
Industries Limited, Cedar Group, Inc.,
Edinov Corporation and 3010864 Canada Inc.
</TABLE>
- -----------------------------------
* Previously filed
