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Colfax acquires Rosscor Holding B.V. Premier fluid-handling systems supplier strengthens and expands company’s capabilities in global Oil & Gas markets. In making the announcement, Clay H. Kiefaber, president and CEO of Colfax, noted the importance of Rosscor’s MPP expertise and experience to the company’s portfolio of leading global brands. “Rosscor was one of the first to introduce MPP technology nearly twenty years ago, and has remained a technology leader since then,” he said. “With more than 70 MPP installations world-wide, Rosscor brings us deep capabilities in MPP that we can leverage through our existing channels.” ### ABOUT COLFAX CORPORATION – Colfax Corporation is a global leader in critical fluid-handling products and technologies. Through its global operating subsidiaries, Colfax manufactures positive displacement industrial pumps and valves used in oil & gas, power generation, commercial marine, defense and general industrial markets. Colfax’s operating subsidiaries supply products under the well-known brands Allweiler, Baric, Fairmount Automation, Houttuin, Imo, LSC, Portland Valve, Tushaco, Warren and Zenith. Colfax is traded on the NYSE under the ticker “CFX.” Additional information about Colfax is available at www.colfaxcorp.com. CAUTIONARY NOTE CONCERNING FORWARD LOOKING STATEMENTS: This press release may contain forward-looking statements, including forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning Colfax’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on Colfax’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause Colfax’s results to differ materially from current expectations include, but are not limited to factors detailed in Colfax’s reports filed with the U.S. Securities and Exchange Commission as well as its Annual Report on Form 10-K under the caption “Risk Factors”. In addition, these statements are based on a number of assumptions that are subject to change. This press release speaks only as of this date. Colfax disclaims any duty to update the information herein. The term “Colfax” in reference to the activities described in this press release may mean one or more of Colfax's global operating subsidiaries and/or their internal business divisions and does not necessarily indicate activities engaged in by Colfax Corporation. ### Rosscor International. B.V. is a Dutch company, founded in 1992, with the purpose to serve the oil and gas industry with new technologies and custom engineered equipment, in particular multiphase pumping systems and related technologies.
Among the partners of Rosscor Int. are companies like Houttuin and Electromach. Houttuin is member of the Colfax Pump Group, part of Colfax Corporation and is a global pump manufacturer with multiple manufacturing facilities in Europe and North America.
Electromach, fully owned by Stahl AG is well known as the preferred vendor to major oil companies like SHELL, ARAMCO, BP and others.
Our partner companies give us the support and confidence to be able to perform to world standard levels in all disciplines required with our system technology such as energy distribution, instrumentation and control. Over a period of 10 years we have build up a comprehensive knowledge and experience in the design and application of Multiphase technologies for remote field installation, in particular, for the environmentally harsh climate conditions. The keystone of Rosscor International BV is over 25 years of extensive world wide operational experience of its founder’s in the oil and gas production industry.
Many single component manufacturers neglect the importance of understanding the needs of the end user and the specifics of the application in the field. The ability of translating the needs of the clients into a full system solution is one of the key assets of Rosscor. Total dedication of our staff finally brings the unsurpassed level of reliability into the units. Now the third generation of Multiphase System Technology already is available with continuing improvements based on the operational experience of so many installations with our clients.
Rosscor International BV is, together with its selected subcontractors, supplying the major system components on a very professional basis in terms of quality requirements and quality control. Pumps (manufactured to Rosscor specifications) are further integrated into the system to our own most stringent requirements including adaptation to the typical duty.
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