Colfax does not shut down today!
October 1st, 2013
Colfax Corp. (NYSE: CFX) is busy and its acquisition tour continues, step by step!
Today the company announced that they entered into a binding agreement to aquire CKD Kompresory in Prague, Czech Republic, for approximately $57M.
CKD Kompresory is a leading supplier of multi-stage centrifugal compressors to the oil & gas, petrochemical, power and steel industries and will be integrated into the Howden business.
Don’t ask Colfax Management whether the US government shut down will affect their business and investment activity: they will laugh at you!
Categories: Stocks / Aktien