ASPEQ Heating Group News

SPX Technologies Announces It Has Completed The Acquisition Of ASPEQ Heating Group

SPX Technologies, Inc. (‘SPXC’ or the Company) announced that it has completed the acquisition of ASPEQ Heating Group (‘ASPEQ’) including certain tax attributes for US$ 418 million in cash, subject to closing adjustments. ASPEQ, a global provider of electrical heating solutions to customers in industrial and commercial markets, is now a part of SPX Technologies’ HVAC Heating platform. Rise in 2023 full-year guidance for adjusted earnings To reflect this transacti...

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