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Tag Archives: colfax corp

Colfax sells air and gas handling unit in deal worth $1.6B

Colfax Corp., an industrial technology company based in Annapolis Junction, recently completed the sale one of its businesses in a deal worth $1.8 billion. Colfax sold its air and gas handling business to an affiliate of New York private equity ...

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Colfax Corp. adjusts outlook upward in 2Q results

Colfax Corp., a maker of of gas and fluid handling and fabrication technology products and services based in Annapolis Junction, updated its outlook forecasts for the year as it reported its second-quarter results. Profit for the qurater was $53.4 million, or 43 cents per ...

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Simms named CEO of Colfax Corp.

Board member Steven E. Simms has been named CEO of Colfax Corp., a Fulton-based diversified global manufacturing and engineering company. Simms has more than 20 years of senior executive experience at leading global corporations. He spent 11 years, from 1996 ...

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Colfax to buy Cot-Puritech in $34M deal

FULTON — Pump and valve maker Colfax Corp. is buying Cot-Puritech, an oil flushing and remediation services supplier, for at least $34 million. Colfax said Wednesday that the acquisition will expand its total lubrication management services offering, particularly for the oil ...

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Colfax shares surge on 2Q results, outlook

FULTON — Pump and valve maker Colfax Corp. said Friday that its second-quarter profit increased five-fold on easy comparisons to last year’s second quarter, which was weighed down by restructuring charges and litigation expenses. The adjusted results beat Wall Street ...

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