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Acquisition

Howden acquisition May 2019


Thursday, 16 May 2019

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Colfax Corporation has announced that it has signed a definitive agreement for Howden to be acquired by KPS Capital Partners

We are delighted that today Colfax announced the new owner of Howden. A full copy of the announcement can be viewed on both the KPS Capital and Colfax Corporation websites.
 
As our new owner, KPS is committed to accelerating Howden’s growth both organically and through acquisition.

Howden enjoys a leading market position, scale, a global manufacturing footprint, world-class design and engineering capabilities, and a portfolio of industry-leading products. We intend to capitalize on the Company’s many attractive growth opportunities, including strategic acquisitions, and to support its already substantial investment in research and development, technology and new product development.

Raquel Palmer, Co-Managing Partner of KPS

KPS has a long and successful history of enabling businesses like ours to thrive and grow as independent companies and we are excited about what the future holds.

Today is an important announcement for Howden however, as we work towards the close, as ever, we remain focused on serving our customers with market-leading products and solutions.
 


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