Deal Details
Sale to Colfax Corporation
Summary
Baird served as the exclusive financial advisor to the sellers
About
Baric Systems (“Baric”), consisting of Hamilton Brimer Limited and William Coulthard and Company Limited, has been acquired by Colfax Corporation (“Colfax”). Terms of the transaction were not disclosed.Baric is a leading supplier of highly engineered lubrication and other packaged systems for applications in extreme operating environments. Headquartered in Morpeth, UK, Baric provides its products to a global blue chip customer base serving the oil & gas, petrochemical, power generation and other process industries.
Colfax Corporation is a global leader in critical fluid-handling products and technologies. Through its global operating subsidiaries, Colfax manufactures positive displacement industrial pumps and valves used in oil & gas, power generation, commercial marine, defense and general industrial markets. Colfax's operating subsidiaries supply products under the well known brands Allweiler, Baric, Fairmount Automation, Houttuin, Imo, LSC, Portland Valve, Tushaco, Warren and Zenith. Colfax is traded on the NYSE.
For additional information about this transaction, please contact:
- Date
- August 2010
- Company
- Baric Systems
- Transaction
- M&A
- Sectors
- Industrial
- Target Geography
- Europe
- Acquiror Geography
- North America
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