# KPS Capital Partners to acquire Howden from Colfax for $1.80 billion

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.

- Type: Acquisition
- Announced: 2019-05-16
- Where: Glasgow, Scotland, United Kingdom
- Value: $1.80B
- Status: announced
- Products: fans, compressors, heat exchangers, steam turbines, air and gas handling equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Colfax](https://endata.com/companies/1017.md) (partner)
- [KPS Capital Partners](https://endata.com/companies/1184.md) (acquirer)
- [Howden](https://endata.com/companies/2964.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/kps-capital-partners-to-acquire-howden-from-colfax-corporation-300851566.html), 2019-05-16: "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"
- [newswire.ca](https://www.newswire.ca/fr/news-releases/kps-capital-partners-to-acquire-howden-from-colfax-corporation-837373251.html), 2019-05-16: "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"

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