News Releases

Baker Botts Represents Colfax Corporation in $185 Million Acquisition of Roots™ from GE Oil & Gas

Release

HOUSTON, May 19, 2015 - Colfax Corporation ("Colfax") (NYSE: CFX), a leading global manufacturer of gas- and fluid-handling and fabrication technology products and services, announced that it has entered into a binding agreement to acquire the Roots™ blowers and compressors business unit ("Roots"), also known as Industrial Air & Gas Technologies, from GE Oil & Gas for cash consideration of $185 million.

Roots is a leading supplier of blower and compressor technologies which service a broad range of end markets, including water treatment, chemical production, and power generation. This acquisition will build on Colfax’s global strength in compressors and blowers and will add important application expertise and product solutions to the portfolio.

Baker Botts L.L.P., a leading international law firm, served as legal advisor to Colfax Corporation in connection with the acquisition. 

Baker Botts Lawyers/Office Involved


Corporate: Jim Marshall (Partner, Houston) and Grant Jones (Associate, Houston)

Benefits: Gail Stewart (Partner, Houston); Jennifer Trulock (Partner, Dallas); Krisa Benskin (Senior Associate, Houston)

Environmental: Aileen Hooks (Partner, Austin) and Nicholas Graham (Associate, Austin)

Tax: Don Lonczak (Partner, Washington) and Peter Farrell (Associate, Washington)

Real Estate: Chris Wilson (Partner, Houston) and Dan Kruger (Associate, Houston)

IP: Mitch Lukin (Partner, Houston) and Lindsay Volpenhein (Associate, Houston)

Competition/Antitrust: Catriona Hatton (Partner, Brussels); Joe Ostoyich (Partner, Washington) Adam Dawson (Associate, Brussels); Mike Bodosky (Special Counsel, Washington)

For more information, please see Colfax’s news release by clicking here.

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