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SPX Corp.

Platform

SPX Corp. logo
500+ employees Website
HvacOtherRefrigeration

Industrial conglomerate with an HVAC segment owning boiler and refrigeration equipment manufacturers.

Ownership map

Ownership links are documented, evidence-gated edges, shown as reported by their sources. Naming a company is not an accusation against it. See our methodology and legal notes.

Ownership map for SPX Corp.Part OfPart OfPart OfPart OfPart Ofbacked bybacked bybacked bymerged withmerged withparent ofparent ofparent ofparent ofparent ofrolled up intorolled up intorolled up intorolled up intoASPEQ Heating Group: Operating CompanyASPEQ Heating GroupASPEQ Parent Holdings, Inc.: Operating CompanyAPASPEQ Parent Holdings…ATP: Operating CompanyATATPAir Enterprises: Operating CompanyAir EnterprisesBalcke Cooling Products Group: Operating CompanyBalcke Cooling Produc…Bosch: Operating CompanyBoschCincinnati Fan: Operating CompanyCFCincinnati FanCincinnati Fan & Ventilator Co., Inc.: Operating CompanyCincinnati Fan & Vent…Crawford United Corporation: Operating CompanyCrawford United Corpo…ECS: Operating CompanyECSHarsco Corp.: Operating CompanyHCHarsco Corp.Industrial Growth Partners: Pe FirmIGIndustrial Growth Par…Industrial Growth Partners V, L.P.: Pe FirmIGIndustrial Growth Par…Ingénia Technologies: Operating CompanyINIngénia TechnologiesKTS: Operating CompanyKTKTSMarley Engineered Products: Operating CompanyMarley Engineered Pro…Neptronic Inc.: Operating CompanyNINeptronic Inc.Omega Heat Pump: Operating CompanyOmega Heat PumpPatterson-Kelley: Operating CompanyPatterson-KelleyPrivate Equity Firm: Operating CompanyPEPrivate Equity FirmRahn Industries: Operating CompanyRIRahn IndustriesRahn Industries, Incorporated: Operating CompanyRIRahn Industries, Inco…Robinair: Operating CompanyRobinairSGS Refrigeration Inc.: Operating CompanySRSGS Refrigeration Inc.SPX Corp.: PlatformSPX Corp.Sealite: Operating CompanySESealiteSensors & Software: Operating CompanySSSensors & SoftwareSigma & Omega: Operating CompanySOSigma & OmegaSigma Heating and Cooling: Operating CompanySHSigma Heating and Coo…Taishan Maeda Boiler Co.: Operating CompanyTMTaishan Maeda Boiler …The Marley Company: Operating CompanyThe Marley CompanyThermolec: Operating CompanyThermolecUnited Dominion Industries Ltd.: Operating CompanyUDUnited Dominion Indus…Weil-McLain: Operating CompanyWeil-McLain
Operating CompanyPe FirmPlatform

Ownership

Ownership links are documented, evidence-gated edges, shown as reported by their sources. A verified mark denotes an independently corroborated edge; links shown as reported are drawn as their sources record them and are not independently corroborated. Naming a company is not an accusation against it. See our methodology and legal notes.

Acquisition history

Acquisition timeline20012004200720102013201620192022202520262001 · Majority stake → United Dominion Industries Ltd. (verified)2001 · Majority stake → ATP (verified)2001 · Majority stake → Robinair (verified)2002 · Platform creation → Balcke Cooling Products Group (verified)2019 · Majority stake → Patterson-Kelley2019 · Majority stake → SGS Refrigeration Inc. (verified)2019 · Majority stake → The Marley Company2019 · Exit → Patterson-Kelley2021 · Add-on acquisition → Cincinnati Fan & Ventilator Co., Inc.2021 · Majority stake → Sealite2021 · Majority stake → Sensors & Software2022 · Majority stake → Cincinnati Fan2022 · Majority stake → ECS2023 · Platform creation → ASPEQ Heating Group2023 · Majority stake → ASPEQ Parent Holdings, Inc.2023 · Platform creation → Marley Engineered Products2024 · Add-on acquisition → Ingénia Technologies2025 · Majority stake → Air Enterprises2025 · Majority stake → Rahn Industries2025 · Majority stake → Omega Heat Pump2025 · Majority stake → Sigma Heating and Cooling2025 · Majority stake → Sigma & Omega2026 · Add-on acquisition → Crawford United Corporation (verified)2026 · Add-on acquisition → KTS2026 · Majority stake → Neptronic Inc.2026 · Majority stake → Thermolec
26 recorded deals, 2001–2026verifiedunverified

Acquisition footprint

US acquired companies by state Alaska: no recorded acquired companies Alabama: no recorded acquired companies Arkansas: no recorded acquired companies Arizona: no recorded acquired companies California: 1 acquired companies Colorado: no recorded acquired companies Connecticut: no recorded acquired companies District of Columbia: no recorded acquired companies Delaware: no recorded acquired companies Florida: 2 acquired companies Georgia: no recorded acquired companies Hawaii: no recorded acquired companies Iowa: no recorded acquired companies Idaho: no recorded acquired companies Illinois: 1 acquired companies Indiana: no recorded acquired companies Kansas: no recorded acquired companies Kentucky: no recorded acquired companies Louisiana: no recorded acquired companies Massachusetts: no recorded acquired companies Maryland: no recorded acquired companies Maine: no recorded acquired companies Michigan: no recorded acquired companies Minnesota: no recorded acquired companies Missouri: no recorded acquired companies Mississippi: no recorded acquired companies Montana: no recorded acquired companies North Carolina: 3 acquired companies North Dakota: no recorded acquired companies Nebraska: no recorded acquired companies New Hampshire: no recorded acquired companies New Jersey: no recorded acquired companies New Mexico: no recorded acquired companies Nevada: no recorded acquired companies New York: no recorded acquired companies Ohio: 3 acquired companies Oklahoma: no recorded acquired companies Oregon: no recorded acquired companies Pennsylvania: 3 acquired companies Rhode Island: no recorded acquired companies South Carolina: no recorded acquired companies South Dakota: no recorded acquired companies Tennessee: no recorded acquired companies Texas: no recorded acquired companies Utah: no recorded acquired companies Virginia: no recorded acquired companies Vermont: no recorded acquired companies Washington: no recorded acquired companies Wisconsin: no recorded acquired companies West Virginia: no recorded acquired companies Wyoming: no recorded acquired companies
  1. 1. North Carolina 3
  2. 2. Ohio 3
  3. 3. Pennsylvania 3
  4. 4. Florida 2
  5. 5. California 1
  6. 6. Illinois 1
1–4 5–14 15–39 40–79 80+ no recorded acquired companies
Where the brands SPX Corp. acquired are headquartered, by US state. A count of targets, not a market-share claim.

Deals

Majority stake Dec 2025

SPX Technologies to Acquire Crawford United for $300M

SPX Corp. → Air Enterprises
$300M reported cash consideration · estimateas reported by sec.gov
Add-on acquisition Dec 2025
Verified

SPX Technologies to Acquire Crawford United for $300M

SPX Corp. → Crawford United Corporation
$300M reported cash consideration · estimateas reported by sec.gov
Majority stake Dec 2025

SPX Technologies to Acquire Crawford United for $300M

SPX Corp. → Rahn Industries
$300M reported cash consideration · estimateas reported by sec.gov
Majority stake Jun 2025

SPX Technologies acquires Sigma Heating and Cooling and Omega Heat Pump for $144M

SPX Corp. → Omega Heat Pump
$144M reported total consideration · approximateas reported by nasdaq.com
Majority stake Jun 2025

SPX Technologies acquires Sigma Heating and Cooling and Omega Heat Pump for $144M

SPX Corp. → Sigma Heating and Cooling
$144M reported total consideration · approximateas reported by nasdaq.com
Platform creation May 2023

SPX Technologies to acquire ASPEQ Heating Group from Industrial Growth Partners

SPX Corp. → ASPEQ Heating Group
Majority stake Apr 2023

SPX Technologies to acquire ASPEQ for $418 million

SPX Corp. → ASPEQ Parent Holdings, Inc.
$418M reported cash consideration · approximateas reported by sec.gov
Majority stake Mar 2001
Verified

SPX to acquire United Dominion Industries in $954M all-stock deal ($1.83B total)

SPX Corp. → United Dominion Industries Ltd.
Majority stake Nov 2001
Verified

SPX merges Robinair and ATP under one entity

SPX Corp. → ATP
Majority stake Feb 2022

SPX Corporation Completes Multiple Acquisitions

SPX Corp. → Cincinnati Fan
Add-on acquisition Dec 2021

SPX Completes $145M Acquisition of Cincinnati Fan

SPX Corp. → Cincinnati Fan & Ventilator Co., Inc.
$145M reported cash consideration · estimateas reported by refindustry.com
Majority stake Feb 2022

SPX Corporation Completes Multiple Acquisitions

SPX Corp. → ECS
Add-on acquisition Feb 2024

SPX Technologies Acquires Ingénia Technologies

SPX Corp. → Ingénia Technologies
Add-on acquisition Feb 2026

SPX Technologies integrates KTS and Crawford United acquisitions

SPX Corp. → KTS
Majority stake New Jul 2026

SPX Technologies Completes Acquisition of Neptronic

SPX Corp. → Neptronic Inc.
$430M reported cash consideration · approximate · converted from C$605Mas reported by globenewswire.com
Majority stake Nov 2019

SPX Corp. acquires Patterson-Kelley from Harsco for ~US$60 million

SPX Corp. → Patterson-Kelley
$60M reported total consideration · approximateas reported by hpacmag.com
Majority stake Nov 2001
Verified

SPX merges Robinair and ATP under one entity

SPX Corp. → Robinair
Majority stake Apr 2021

SPX Corporation Completes Multiple Acquisitions

SPX Corp. → Sealite
Majority stake Apr 2021

SPX Corporation Completes Multiple Acquisitions

SPX Corp. → Sensors & Software
Majority stake Aug 2019
Verified

SPX Corp completes acquisition of SGS Refrigeration

SPX Corp. → SGS Refrigeration Inc.
Majority stake May 2025

SPX Technologies acquires Toronto's Sigma & Omega

SPX Corp. → Sigma & Omega
Majority stake Nov 2019

SPX Corp. acquires Patterson-Kelley from Harsco for ~US$60 million

SPX Corp. → The Marley Company
$60M reported total consideration · approximateas reported by hpacmag.com
Majority stake Jan 2026

SPX Technologies completes acquisition of Thermolec for $195M CAD

SPX Corp. → Thermolec
Exit Nov 2019

Harsco divests Patterson-Kelley as part of industrial segment divestiture

SPX Corp. → Patterson-Kelley
Platform creation Aug 2002
Verified

SPX combines Marley Cooling Technologies and Balcke into global cooling platform

SPX Corp. → Balcke Cooling Products Group
Platform creation May 2023

ASPEQ to join SPX HVAC Heating platform alongside Marley Engineered Products

SPX Corp. → Marley Engineered Products