Colfax Plans To Split To Form Separate Medtech And Fabtech Companies

The yet-to-be-named medtech company will focus on orthopedic implants and bracing and recovery devices.

A king and a queen stand in isolation at different ends of a chessboard.
• Source: shutterstock.com

Colfax Corporation plans to split its fabrication technology and specialty medical technology businesses into two independent publicly traded companies by the first quarter of 2022.

“Our intention is to set up both companies with effective capital structures that are aligned with their different strategies,” Colfax CEO Matthew Trerotola said during a 4 March conference call announcing the planned split

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