Acquiring Company
SPX Technologies
Acquired Company
ASPEQ
CharlotteManufacturingManufacturingDescription
SPX Technologies, Inc. (NYSE:SPXC) (“the Company”, “we”, or, “our”) announced that it has completed the acquisition of ASPEQ Heating Group (“ASPEQ”) including certain tax attributes for $418 million in cash, subject to closing adjustments. ASPEQ, a leading provider of electrical heating solutions to customers in industrial and commercial markets, is now a part of SPX Technologies’ HVAC Heating platform.
Quick answer
SPX Technologies is acquiring ASPEQ, announced June 5, 2023. SPX Technologies is based in Charlotte, North Carolina, United States.
- How much did SPX Technologies pay for ASPEQ?
- The deal value was not disclosed.
- What does SPX Technologies do?
- SPX Technologies is a supplier of highly engineered products and technologies, holding leadership positions in the HVAC and detection and measurement markets.
- Where are SPX Technologies and ASPEQ based?
- SPX Technologies is based in Charlotte, North Carolina, United States.
- Who are the decision-makers at SPX Technologies?
- Fundz holds 1 contact at SPX Technologies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at SPX Technologies, and when
When SPX Technologies changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day SPX Technologies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SPX Technologies, from your own LinkedIn network
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Frequently asked
Who acquired ASPEQ?
ASPEQ was acquired by SPX Technologies, based in Charlotte. The deal was reported on June 5, 2023. SPX Technologies is a supplier of highly engineered products and technologies, holding leadership positions in the HVAC and detection and measurement markets. SPX Technologies is publicly traded (SPXC) and operates in Manufacturing.
When did SPX Technologies acquire ASPEQ?
SPX Technologies's acquisition of ASPEQ was reported on June 5, 2023. SPX Technologies, Inc. (NYSE:SPXC) (“the Company”, “we”, or, “our”) announced that it has completed the acquisition of ASPEQ Heating Group (“ASPEQ”) including certain tax attributes for $418 million in cash, subject to closing adjustments. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ASPEQ do?
Headquartered in St. Louis, Missouri, ASPEQ is a leading provider of custom-configured electric heating and thermal management products to the industrial, commercial, military, marine, and transportation markets. It is privately held, operating in Manufacturing.
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