Colfax Corp News

Private equity firm Irving Place Capital (IPC) and Victor Technologies (Victor) announce they have entered into a definitive agreement to sell Victor to Colfax Corporation (Colfax), a global manufacturer of gas and fluid-handling and fabrication technology products. Victor is a leading designer and manufacturer of a comprehensive suite of metal cutting, gas control, and specialty welding products. IPC acquired Victor, which was previously named Thermadyne Holdings Corporation, in a take-private transaction in December 2010.

Colfax Fluid Handling, a business of Colfax Corporation, introduced an Active Valve Control option to its Smart Technology CM-1000 Series intelligent sea water cooling system controller. The CM-1000 Series with optional Active Valve Control may be applied to both newbuild and retrofit operations. Introduced in April and featured at Nor-Shipping 2013, the CM-1000 Series is designed to enhance shipboard sea water cooling system pumping efficiency while lowering operating and maintenance costs and maximizing uptime for greener, sustainable operation.

As ship owners scrupulously search for means to cut costs by saving energy, Colfax offers the CM-1000 Series, a smart technology which helps to monitor and control sea water cooling system pumps. It can help to save more money than you think. Colfax introduced earlier this year the CM-1000 Series, a smart technology designed to help monitor and control sea water cooling system pumps in a manner that senses water temperature and speed to optimize the pump use. Savings for the shipowner come not only via fuel used to power the pumps (in some cases…

Colfax Fluid Handling, a business of Colfax Corporation, was awarded a contract as the exclusive supplier of hydraulic pumps for a ship capable of lifting the topside structures from offshore platforms. With a lifting capacity of up to 48,000 tons, the ship will remove topsides in one piece and transport them to land for deconstruction. The screw pumps are valued at €600,000 and are specially designed to deliver the high pumping capacity needed for the project. The catamaran Pieter…

Colfax Corporation (NYSE: CFX), a provider of fluid-handling solutions for critical applications, announced that William E. Roller has been promoted to executive vice president of Colfax Americas. He was most recently senior vice president and general manager of Colfax Americas. In his expanded role, he is responsible for the company’s operations in the Americas, as well as its global oil & gas and Colfax Defense Solutions organizations. His duties also include expanding the two-screw pump business and driving global sourcing. Roller joined Colfax in 1999, as general manager of Imo Pump.