Allen & Overy LLP has advised Colfax Corporation (Colfax) on the acquisition of TBi Industries, the leading manufacturer of high-quality industrial welding equipment with business operations in Germany, France, the Czech Republic, and China. The transaction has been consummated. The parties agreed confidentiality on the purchase price.

Colfax is a diversified manufacturing and engineering company that provides gas- and fluid-handling and fabrication technology products and services to customers around the world under the Howden, Colfax Fluid Handling and ESAB brands. Colfax is traded on the New York Stock Exchange.

The Allen & Overy team was led by partner Dr Hartmut Krause (Corporate/M&A) and included partners Thomas Ubber (Employment), Dr Heike Weber (Tax), Dr Jochen Scheel (Real estate, all Frankfurt), Dr Jens Matthes (IP, Düsseldorf), senior associates Alexander Wüpper (Corporate/M&A), Peter Seidel (Tax), Boris Blunck, Dr Sebastian Schulz (both Employment, all Frankfurt), Miray Kavruk (IP, Düsseldorf) and associate Riccardo Marinello (Real Estate, Frankfurt).

The team also comprised lawyers from Allen & Overy offices in Prague, Brussels, Paris and Shanghai.