Colfax Acquires Soldex - 5/30/2012
Colfax Corporation announced the acquisition of the 91% interest in Soldex S.A. held by Inversiones Breca S.A. and its affiliates. The transaction values Soldex S.A. at $235 million, including the assumption of debt. With plants in Lima Peru and Bogota Colombia, Soldex is a supplier of welding products to customers along South America’s fast-growing Pacific coast. The acquisition positions Colfax’s ESAB division as the clear leader in South America, with a pre-eminent position in every country market, and further increases its exposure to the energy and natural resources sectors.