Colfax Corporation
| Public | |
| Traded as | NYSE: CFX |
| Industry | Machinery |
| Headquarters | Annapolis Junction, Maryland, United States |
|
Number of employees
|
18,351 |
| Website | www |
Colfax Corporation is an American industrial[1] corporation headquartered in Annapolis Junction, Maryland, indexed on the NYSE. Originally it was founded as a spinoff out of American Industrial conglomerate the Danaher Corporation.[2] Colfax Corp. acquired British Charter International PLC[3] which in turn owned Swedish ESAB (8 500 employees worldwide, 2012) in 2011. Both companies have since been wholly owned by Colfax. Further Colfax also acquired Allweiler[4] (2 100 employees worldwide, 2011 [5])
History
Started in 1995 by the two brothers Steven and Mitchell Rales with the goal of acquiring worldwide industrial enterprises.[6]
In the 1st quarter of 2008, it net profit was $6.8 million.[7]
In January 2012 it completed the acquisition of Charter International the parent company of ESAB and Howden[8] for $2.4 Billion.[9]
The revenue of the company for 2012 was 3 billion USD.[10]
In July 2015, Matthew Trerotola was appointed CEO. In the 7 months following, the stock price fell by 40%, and Trerotola was awarded a $9m bonus. [11]
Links
References
- ↑ http://www.colfaxcorp.com/our-businesses/
- ↑ The Telegraph, 05 Sep 2011, Colfax and the Rales brothers
- ↑ Wall Street Journal, September 13, 2011, Colfax Bids $2 Billion for Charter
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ kubri.eu, Allweiler profile
- ↑ Official colfax site
- ↑ The Washington Post, July 7, 2008, The Quiet Dynamism of the Brothers Rales
- ↑ Official ESAB site
- ↑ welding design : Sep 13, 2011, ESAB Parent to be Bought for $2.4 Billion
- ↑ Nasdaq Colfax
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
<templatestyles src="Asbox/styles.css"></templatestyles>
 |
This United States manufacturing company–related article is a stub. You can help Wikipedia by expanding it. |
