Colfax Completes Acquisition of Zenith Pump Division
Colfax Corporation announced it has completed its acquisition of the Zenith Pump division of Parker Hannifin Corporation.
Terms of the transaction were not disclosed.
The Zenith Pump business had revenues of approximately $22 million in fiscal year 2004 with 130 associates. Zenith has facilities in Sanford and Aberdeen, North Carolina and a small office outside of London, England. Zenith is a leading producer of precision metering pumps and pump systems, along with controllers, drives and related components for a broad variety of growth markets and customers.
Colfax Corporation is a privately held company based in Richmond, Virginia. It is a leading marketer and world-class manufacturer of fluid handling and power transmission products through its Colfax Pump Group and Colfax Power Transmission Group divisions.
Source: Colfax Corporation