Colfax's board of directors has set April 4, 2022 as the date of the split into two independent publicly traded companies, Enovis and ESAB. Including the simultaneous 3-to-1 reverse split, Colfax shareholders as of March 22 will receive 1 ESAB share for every 3 of their securities. Colfax will also change its name to Enovis Corporation and the stock ticker will change to ENOV.