Colfax Corp. is continuing its growth after agreeing to a $205 million deal to acquire a business unit from German conglomerate Siemens AG. Annapolis Junction-based Colfax will acquire the Siemens Turbomachinery Equipment GmbH (STE) business unit in an all-cash deal expected to close in the fourth quarter. STE makes compressors and small steam turbines for […]

via Colfax to acquire business unit from Siemens AG for $205 million — Barbara in Parkville

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