Tonkon Torp Helps CLIMAX Strengthen Worldwide Market Position
Tonkon Torp represented Newberg, Oregon-based CLIMAX
Portable Machining and Welding Systems, in its acquisition in 2013 of Houston-based Calder Testers. Founded in 1966, CLIMAX is the world’s largest supplier of portable machine tools for the power generation, shipbuilding, heavy construction and mining, petrochemical and engineering industries.
Privately-held Calder Testers specializes in providing advanced equipment testing systems to many of the world’s valve manufacturing and service companies. With the acquisition of Calder, CLIMAX has strengthened its position in the worldwide market for manufacturing machines that repair and test valves.
Corporate attorneys Sherrill Corbett
and Jeffrey Woodcox, and intellectual property attorney Vicki Ballou, represented CLIMAX, as well as a team of specialists in real estate, tax and executive compensation.
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