Skadden Reps Colfax In $2.4B Charter International Buy

Law360, New York (September 12, 2011, 1:35 PM EDT) -- Pump maker Colfax Corp. announced Monday that it was working with private equity firm BDT Capital Partners LLC and others to acquire Charter International PLC for $2.4 billion in cash and stock, looking to broaden its global presence in the industrial sector.

"This is a transformational acquisition for Colfax that accelerates our growth strategy, enhances our business profile and continues our journey to becoming a premier global enterprise," Colfax Chairman Mitch Rales said in a statement.

With the help of new investors including Chicago-based BDT Capital...
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