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Colfax Corp Announces Acquisition Of CKD Kompresory


Tuesday, 1 Oct 2013 08:00am EDT 

Colfax Corp announced that it has entered into a binding agreement to acquire CKD Kompresory a.s., based in Prague, Czech Republic, from CKD Group. The transaction values CKD Kompresory at approximately $57 million, including the assumption of debt, and is expected to close in the fourth quarter following the fulfillment of certain conditions. Upon closing, the business will join the Howden operations and be renamed Howden CKD Compressors s.r.o. 

Company Quote

54.66
-0.09 -0.16%
20 Oct 2014