{"id":1268,"date":"2013-09-04T12:03:03","date_gmt":"2013-09-04T10:03:03","guid":{"rendered":"http:\/\/www.blog.asmus-puhl.com\/?p=1268"},"modified":"2013-09-04T13:02:54","modified_gmt":"2013-09-04T11:02:54","slug":"colfax-is-starting-the-announced-acquisition-tour","status":"publish","type":"post","link":"http:\/\/www.blog.asmus-puhl.com\/?p=1268","title":{"rendered":"Colfax is starting the announced acquisition tour!"},"content":{"rendered":"<p style=\"text-align: justify;\">Colfax (NYSE: CFX) <a href=\"http:\/\/finance.yahoo.com\/news\/colfax-announces-binding-offer-acquire-030102463.html\" target=\"_blank\">started the &#8220;acquisition tour&#8221; it already announced in its Q2 2013 conference call<\/a> by acquiring Fl\u00e4kt Woods Group&#8217;s Global Infrastructure and Industry Business!<\/p>\n<p style=\"text-align: justify;\">The price they paid appears very reasonable at about 9 times EBITDA and 1.1 times revenue.<\/p>\n<p style=\"text-align: justify;\">The task for this acquisition specialist obviously will be to bring it up to Colfax margin standards by applying their Colfax Business System (&#8220;CBS&#8221;) tools and integrating it into the Howden business.<\/p>\n<p style=\"text-align: justify;\">And their will be more news to come at the acquisition front as CEO Steve Simms stated in the press release: their is still money left from the May 2013 public offering\u00a0\u00a0waiting to be spent!<\/p>\n<p style=\"text-align: justify;\">Stay tuned!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Colfax (NYSE: CFX) started the &#8220;acquisition tour&#8221; it already announced in its Q2 2013 conference call by acquiring Fl\u00e4kt Woods Group&#8217;s Global Infrastructure and Industry Business! The price they paid appears very reasonable at about 9 times EBITDA and 1.1 times revenue. The task for this acquisition specialist obviously will be to bring it up [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/1268"}],"collection":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1268"}],"version-history":[{"count":9,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/1268\/revisions"}],"predecessor-version":[{"id":1277,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/1268\/revisions\/1277"}],"wp:attachment":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1268"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}