ANNAPOLIS JUNCTION, Md. May 16, 2019 – Colfax Corporation (“Colfax”) announced that it has signed a definitive agreement to sell its Air and Gas Handling business to KPS Capital Partners, LP (“KPS”) for enterprise value of $1.80 billion, including $1.66 billion in cash consideration and $0.14 billion in assumed liabilities and minority interest, subject to customary closing adjustments.
Colfax
The best technology to deliver lubrication and cooling benefits at the optimal total cost of ownership depends on various factors.
Industry leaders voiced their thoughts about 2016—what is important, what trends we should watch for, what is new in the market. Here are some of those remarks, as selected by our editorial team.
MONROE, N.C. (March 10, 2014) – Colfax Fluid Handling has named Carl-Henrik Bramstång sales director, Shipowner Sales.
Bramstång is a seasoned sales professional with almost 30 years of experience, including 22 years in various sales positions of increasing responsibility with Colfax Fluid Handling. He will help drive the sale of a complete spectrum of pumps and controllers to the maritime community internationally and will be based in Sweden.
NEW YORK and ST. LOUIS (Feb. 12, 2014) – Private equity firm Irving Place Capital and Victor Technologies announced that they have entered into a definitive agreement to sell Victor to Colfax Corporation, a global manufacturer of gas- and fluid-handling and fabrication technology products. The all-cash transaction values Victor at approximately $947 million, including the assumption of debt, and is subject to customary closing conditions.
RADOLFZELL, Germany (March 3, 2013) – Colfax Fluid Handling, a business unit of Colfax Corporation, has received an order to deliver five Allweiler propeller pumps for a chemical plant in Saudi Arabia. The pumps are specially designed for use during production of explosive materials and are valued at approximately €900,000.
RADOLFZELL, Germany (Jan. 31, 2013) – Colfax Fluid Handling, a business of Colfax Corporation, has received an order to deliver 21 of its Allweiler screw pumps valued at more than EUR 300,000 for a power plant in Saudi Arabia. The pumps will be an important part of a gas turbine power plant in Yanbu. The order includes 21 pumps for moving heavy, crude (Arabian Light Crude or ALC), and lubricating oil.
FULTON, Md. (May 29, 2012) – Colfax Corporation, a diversified global manufacturing and engineering company, announced the acquisition of the 91 percent interest in Soldex S.A. held by Inversiones Breca S.A. and its affiliates. The transaction values Soldex S.A. at $235 million, including the assumption of debt.