ASPEQ Heating Group News
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...