<PAGE>
CONFORMED
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d)
of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): NOVEMBER 28, 1995
NU-WEST INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE Commission 82-0415557
(State or other jurisdiction of File Number: (I.R.S. Employer
incorporation or organization) 0-17399 Identification Number)
8400 East Prentice Avenue, Suite 1320, Englewood, Colorado 80111
(Address of Principal Executive Offices) (Zip Code)
(303)721-1396
(Registrant's Telephone Number, Including Area Code)
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ITEM 4. CHANGES IN REGISTRANTS CERTIFYING ACCOUNTANTS
Arthur Andersen LLP has been the principal accountants for Nu-West Industries,
Inc. (the Company). On November 28, 1995 that firm's appointment as principal
accountants was terminated and KPMG Peat Marwick LLP was engaged as principal
accounts. The decision to change accounts was approved by the Company's board
of directors.
In connection with the audits of the two fiscal years ended June 30, 1995, and
the subsequent interim period through November 28, 1995, no disagreements on any
matter of accounting principles or practices, financial statement disclosure, or
auditing scope or procedures existed, with Arthur Andersen LLP which
disagreements if not resolved to their satisfaction would have caused them to
make reference in connection with their opinion to the subject matter of the
disagreement.
The audit reports of Arthur Andersen LLP on the consolidated financial
statements of Nu-West Industries, Inc. and subsidiaries as of and for the years
ended June 30, 1995 and 1994, did not contain any adverse opinion or disclaimer
of opinion, nor were they qualified or modified as to uncertainty, audit scope,
or accounting principles. A letter from Arthur Andersen LLP is attached as
Exhibit 16.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
NU-WEST INDUSTRIES, INC.
Dated: December 4, 1995 /s/ Helen K. Smith
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Helen K. Smith
Corporate Controller
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[LETTERHEAD OF ARTHUR ANDERSEN APPEARS HERE]
Exhibit 16
November 28, 1995
Office of the Chief Accountant
SECPS Letter File
Securities and Exchange Commission
Mail Stop 9-5
450 Fifth Street, N.W.
Washington, D.C. 20549
Dear Ladies and Gentlemen:
We have read Item 4 included in the attached Form 8-K dated November 28, 1995 of
Nu-West Industries, Inc. (Commission File # 0-17399) filed with the Securities
and Exchange Commission and are in agreement with the statements contained
therein.
Very truly yours,
/s/ Arthur Andersen LLP
sfg
NU-WEST\17
Copy to:
Ms. Helen Smith, Controller and Assistant Secretary -- Nu-West Industries, Inc.
Mr. Steven W. Gampp, Secretary -- Nu-West Industries, Inc.
