Colfax Acquires Charter International plc

FULTON, Md. (Jan. 13, 2012) – Colfax Corporation announced that the acquisition of Charter International plc became effective following approval by the Board of Directors and shareholders of both Charter and Colfax and sanctioning by the Royal Court of Jersey.

The consideration to be paid to Scheme Shareholders pursuant to the Scheme is expected to be settled no later than Jan. 27, 2012.

Colfax Corporation is a manufacturing and engineering company that provides gas- and fluid-handling and fabrication technology products and services to commercial and governmental customers worldwide.