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Slide #12. Colfax Corporation — Victor Technologies Holdings, Inc.
Colfax Corporation (NYSE:CFX)
Victor Technologies Holdings, Inc.
Colfax Corporation (NYSE:CFX), a leading global manufacturer of gas- and fluid-handling and fabrication technology products and services, today announced that it has completed the previously announced acquisition of Victor Technologies Holdings, Inc. ("Victor") from Irving Place Capital for total consideration of $947.3 million. Victor is a pre-eminent global manufacturer of cutting, gas control and specialty welding solutions with many strong brands that are well-recognized around the globe.
Colfax is a technology company that provides fabrication technology and medical technology products and services to customers around the world mainly under the ESAB and DJO brands. Co. reports its operations through the Fabrication Technology and Medical Technology segments. In its Fabrication Technology segment, Co. formulates, develops, manufactures and supplies consumable products and equipment for use in the cutting, joining and automated welding, as well as gas control equipment. In its Medical Technology segment, Co. develops, manufactures, and distributes medical devices with a range of products used for reconstructive surgery, rehabilitation, pain management and physical therapy.
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Buy (3.33 out of 4)