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Holly LaFon
Holly LaFon
Articles (4288) 

Chuck Akre Comments on Colfax Corp.

March 25, 2014 | About:
The only other business included in the top ten which we have not previously mentioned is Colfax Corp. (CFX). This is a manufacturing company whose business model is to acquire other manufacturing business and rationalize them in such a way as to importantly improve their operating results. The management of Colfax Corp. has demonstrated this skill at another company with which we are familiar, and we believe we have an important opportunity here, hence a top ten holding.

From Chuck Akre (Trades, Portfolio)'s semi-annual 2013 report.

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