Loading…
KPS Capital Partners has signed a definitive agreement to acquire Glasgow-based Howden, a maker of air and gas handling equipment, from Colfax Corporation for an enterprise value of $1.80 billion. Howden will become an independent company.
“KPS Capital Partners ("KPS") announced today that it has signed a definitive agreement to acquire Howden, (the "Company") from Colfax Corporation (NYSE: CFX) for an enterprise value of $1.80 billion”prnewswire.com
Summarized from public sources; check the original articles before acting on it.