HWN - Howden Africa Holdings - Acquisition of Charter International plc by
HWN
HWN
HWN - Howden Africa Holdings - Acquisition of Charter International plc by
Colfax Corporation
HOWDEN AFRICA HOLDINGS LIMITED
(Incorporated in Republic of South Africa)
(Registration Number 1996/002982/06)
Share Code: HWN
ISIN: ZAE000010583
("HAHL")
Acquisition of Charter International plc ("Charter") by Colfax Corporation
("Colfax")
HAHL shareholders are advised that Charter, which is listed on the London Stock
Exchange and which indirectly owns (through Howden Group South Africa Limited
and James Howden & Godfrey Overseas Limited) approximately 55.36% of HAHL, has
been acquired by an indirect subsidiary of Colfax.
Colfax is a global supplier of a broad range of fluid handling products and
based in the US. It considers Charter to be a leading player in key markets with
an attractive business mix and strong technological capabilities that will fit
well with Colfax`s acquisition criteria.
Colfax believes that Howden will extend Colfax`s existing fluid handling
business, as both organisations focus on supplying a range of market leading
products to applications where performance and reliability are paramount.
If you have any questions concerning this matter, please contact ......... You
can also visit the websites following websites:
- Howden(www.howden.com) and/or
- Colfax (www.colfaxcorp.com).
17 January 2012
Sponsor
PricewaterhouseCoopers Corporate Finance (Proprietary)
Limited (Registration number 1970/003711/07)
Date: 17/01/2012 16:14:00 Produced by the JSE SENS Department.
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