# CIRCOR to acquire Colfax Fluid Handling for $855M in cash and stock

CIRCOR International signed a definitive agreement to acquire Colfax Fluid Handling from Colfax Corporation for about $855 million, including $542 million cash, new CIRCOR shares and assumed pension liabilities. Colfax will hold about 16% of CIRCOR after closing.

- Type: Acquisition
- Announced: 2017-09-25
- Where: United States
- Value: $855.0M
- Status: announced
- Products: screw pumps, fluid handling systems
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Colfax](https://endata.com/companies/1017.md) (partner)
- [Colfax](https://endata.com/companies/1017.md) (target)
- [CIRCOR International](https://endata.com/companies/2122.md) (acquirer)
- [Colfax Fluid Handling](https://endata.com/companies/2123.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1091883/000109188317000045/exhibit991_masterpiece.htm), 2017-09-25: "CIRCOR International, Inc. today announced that it has signed a definitive agreement to acquire Colfax Fluid Handling (CFH) from Colfax Corporation for approximately $855 million including cash, newly issued CIRCOR shares, and the assumption of pension plan liabilities linked to the CFH business."
- [worldpumps.com](https://www.worldpumps.com/content/news/circor-to-acquire-colfax-fluid-handling-in-us-855mn-deal), 2017-09-25: "Circor will pay US$542 million in cash, issue approximately 3.3 million new Circor shares to Colfax valued at around US$163 million."
- [finanznachrichten.de](https://www.finanznachrichten.de/nachrichten-2017-09/41817755-pro-trader-daily-featured-company-news-circor-takes-over-the-fluid-handling-business-of-colfax-200.htm), 2017-09-27: "CIRCOR has signed the deal for US$855 million constituting of cash, newly issued CIRCOR shares, and taking over of the pension plan liabilities of Colfax's fluid handling business."
- [mondaq.com](https://www.mondaq.com/pressrelease/26878/wilmerhale-represents-circor-in-%24855m-acquisition-of-colfaxs-fluid-handling-business-from-colfax-corp), 2017-10-05: "announced that it has signed a definitive agreement to acquire Colfax Fluid Handling (CFH) from Colfax Corporation (NYSE: CFX) for approximately $855 million"
- [processingmagazine.com](https://www.processingmagazine.com/process-control-automation/instrumentation/article/55350157/movers-and-shakers-new-endresshauser-coo-colfax-leaves-fluid-handling-emerson-awards-annual-scholarships), 2017-10-11: "Colfax sells fluid handling business for $860M Annapolis Junction-based Colfax Corp., an industrial manufacturing and engineering firm, has taken a step towards refining its profile by selling its fluid handling business to Circor International Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.