CIRCOR International, Inc. (CIR) has completed the previously announced acquisition of Fluid Handling (FH) from Colfax Corporation (CFX) for approximately USD 693M of cash and newly issued CIRCOR shares, and USD 150M related to the assumption of pension plan liabilities linked to the FH business.
FH will become a third group within CIRCOR, called Pumping Technologies, joining the Company’s existing Energy and Advanced Flow Solutions groups.
