1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (7467) 

Baron Funds Comments on Colfax Corp

May 02, 2014 | About:

Shares of Colfax Corp. (NYSE:CFX), an industrial machinery company focused on infrastructure, increased as the market reacted favorably to its announcement of the $947 million acquisition of Victor Technologies, Inc., a U.S.-based welding company. Victor expands the product portfolio of Colfax's existing welding business, and it increases the combined entity's exposure to the higher margin U.S. market. The deal is consistent with Colfax's strategy to make bolt-on acquisitions in existing platforms that serve to profitably enhance the company's growth prospects, and we are optimistic that the deal will create long-term shareholder value.

From Baron Funds' first quarter 2014 letter to investors.


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


GuruFocus has detected 4 Warning Signs with Colfax Corp $CFX.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by Holly LaFon


User Generated Screeners


Miguel PrioreBRIC PS+JG+MP
ngcp66best screen
Ps0FaLongListStocks
Ps0FaShortListStocks
lmm50MAY
DANGORDONFAST GROWERS 5-28-17
lmm50insider
DANGORDONOP MARG PROF, ROE 5-28-17
ntelumPAUL-1
Open Mind LearningSME UNDER 2BN
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK